1665 Summitridge Drive
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2025 | Sold | ||
| Sold | |||
| Aug 16, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Price Decreased |
$5,650,000
↓ $600K
(9.6%) | |
| Price Decreased | |||
| May 12, 2025 | Listed by Carolwood Estates | $6,250,000 | |
| Listed by Carolwood Estates | |||
| Jan 15, 2025 | Listed | $6,950,000 | |
| Listed | |||
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Welcome to 1665 Summitridge, a character-filled Spanish Revival estate with unobstructed ocean, canyon and city views. Surrounded by mature hedges, this gated residence offers incredible privacy and exudes tranquility and charm with ample natural light throughout. Boasting just under 5,000 square feet of living space, this 4 bed, 5 bath home has been lovingly cared for and maintained by the same family for the last 20 years. Highlights include Spanish tiles and hardwood floors throughout, soaring 22' ceilings in the main living spaces and gorgeous curved archways connecting each room to the next, offering a seamless flow. The arched doors open to a large covered patio with outdoor living and dining spaces, built-in patio heaters, a fireplace, and TV, perfect for indoor/outdoor entertaining. The oversized and solar-heated saltwater pool & spa are outfitted with automatic cover and built-in water feature. Inside, the gourmet chef's kitchen was gut renovated in 2020 and features Viking & Sub-Zero stainless steel appliances, oversized central island with built-in barista station, and attached breakfast area which opens to outdoor kitchen with gas & charcoal grills. The dining room comfortably seats 12, with pocket doors to both the kitchen and formal living room on either side. Large den off the living room doubles as the perfect home office with fireplace. Upstairs, the primary suite features a balcony where views of the ocean and endless sunsets await. The suite also features a fireplace, lofted office space, walk-in closet and expansive bathroom, which was recently completed and featured in Kohler advertising. Additional features of the home include a state-of-the-art & tiered theatre, gym, climate-controlled wine storage for 400+ bottles, laundry room, and remotely accessed video-surveillance, security system and HVAC. Attached 2-car garage and European cobblestone motor court provide room for 4 additional cars, a rarity in the hills of Beverly Hills. This is an incredible opportunity to own a home with true soul - just minutes from the best shops and dining that Beverly Hills has to offer.
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About West Los Angeles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017