Sophisticated Contemporary Estate - Set behind the exclusive gates
of prestigious Kinneloa Canyon, this reimagined contemporary estate
combines architectural drama, modern luxury and exceptional
privacy. A striking two-story foyer introduces approximately 6,350
square feet of light-filled interiors, soaring ceilings and warm
natural stone and wood finishes that create an atmosphere of
understated elegance.The 5-bedroom, 7-bath residence is designed
for both grand-scale entertaining and comfortable everyday living.
The gourmet kitchen features Thermador refrigerator, freezer and
wine storage, a newer range, Bosch dishwasher and bar refrigerator,
plus a beautifully updated center island finished in gorgeous stone
with newer sinks, hardware and fixtures. Expansive bedrooms and
spa-inspired baths include a luxurious primary suite enhanced with
newer stone finishes, flooring and contemporary fixtures. A
dedicated media room and private office complete the interior
living spaces.Extensive owner improvements include a newer roof,
replacement of all four central HVAC systems, newer bedroom
flooring, recessed lighting and exterior fixtures, LifeSource
whole-house water filtration, two newer 75-gallon water heaters,
updated fireplaces with gas inserts and contemporary glass doors,
and an additional water heater serving the cabana.The resort-like
grounds have been thoughtfully reimagined with refreshed
landscaping, an updated front fountain and new perimeter fencing.
The loggia flooring and balconies have been redone, while the
cabana features a refinished epoxy-style floor, newer sink and
bath. The garage has also been enhanced with contemporary glass
doors and a newer lift system.Crowning the estate is a spectacular
rooftop loggia showcasing sweeping canyon vistas and sparkling city
lights--an extraordinary setting for sunsets and entertaining.
Private, sophisticated and beautifully updated, this exceptional
estate offers a rare sense of retreat just minutes from the city.
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%.
How much can I actually make?
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.
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