2002 LA BREA Terrace
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2022 | No longer available | - | |
| No longer available | |||
| Sep 2, 2022 | In contract | - | |
| In contract | |||
| Aug 22, 2022 | Listed by Compass | $3,895,000 | |
| Listed by Compass | |||
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On gated La Brea Terrace, this restored 1907 Craftsman compound offers a rare mix of privacy, style and tranquil city living. Consisting of three structures on a spacious and lush lot, this property is a turnkey offering full of hard-to-find qualities. The main house features two bedrooms and two bathrooms with a bonus den/bedroom and thoughtful updates throughout. Careful design choices have been made to preserve this vintage treasure. A detached guest house offers a completely different feel with modernist design on two levels. The large pool and spa are surrounded by mature trees and landscaping offering a resort-like feel with ample room to entertain and enjoy quintessential California lifestyle. A third structure is a great bonus room perfect as a home office or gym. Numerous upgrades and improvements have recently been made throughout giving this 115 year old home plenty of new life. Close to studios and all the best shops, restaurants and attractions of Hollywood and beyond. The manager has listed the unit size as 2464 square feet.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 19, 2021 | In contract | - | |
| In contract | |||
Property Highlights
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About Central LA
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017