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17650 Royce Drive W
About This Property
A dramatic Foyer welcomes you with soaring ceilings, an elegant chandelier, and abundant natural light. The formal Living Room is highlighted by a fireplace and custom California Closets built-in bookcases, while the adjoining Dining Room is designed for entertaining with a dry bar and wine refrigerator.
The Chef's Kitchen, extensively remodeled in 2019, serves as the heart of the home and features quartz countertops, custom cabinetry, a walk-in pantry, premium Viking stainless steel appliances, and an oversized center island with bar seating. The space opens seamlessly to a sunny Breakfast Nook and expansive Family Room, where a fireplace and two sets of French doors create effortless indoor-outdoor flow.
Designed as a private retreat, the resort-style Backyard is surrounded by mature landscaping and lush greenery, offering exceptional privacy. A sparkling Pool and Spa are complemented by expansive patios and multiple areas for relaxing, dining, and entertaining year-round.
The main level includes a versatile Bedroom and remodeled Bathroom with a walk-in shower, ideal for guests, a home office, or multigenerational living. A Powder Room, dedicated Laundry Room, and Three-car Garage complete the first floor.
Upstairs, vaulted ceilings enhance the sense of space throughout. The Primary Suite offers a fireplace and a luxurious ensuite Bathroom with dual vanities, a soaking tub, built-in makeup vanity, heated floors, TWO large walk-in closets, and separate water closets. Three additional Bedrooms are located on the upper level, each with access to ensuite Bathrooms, while two feature walk-in closets.
Notable upgrades include a comprehensive downstairs renovation, remodeled Kitchen, engineered hardwood flooring, interior and exterior paint, whole-house re-pipe, remodeled downstairs Bathroom, upgraded electrical panel, dual HVAC systems, pool heater, updated window treatments, and enhanced exterior lighting.
Ideally located within the highly regarded boundaries of Encino Charter Elementary School and Gaspar De Portola Middle School, this exceptional home is just moments from Ventura Boulevard's premier shopping, dining, and entertainment, with convenient access to the 101 Freeway and the best of the San Fernando Valley.
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What does this mean?
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.
How is cap rate calculated?
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 1, 2026 | Sold | ||
| Sold | |||
| Jul 30, 2026 | In contract | - | |
| In contract | |||
| Jul 14, 2026 | Listed by Rodeo Realty | $2,495,000 | |
| Listed by Rodeo Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017