$1,250,000
●
Land -
Off Market
2575 APPLEFIELD Lane
Topanga, CA 90290
Studio
0 Bath
$1,898,800
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
Amazing 14 acre private gated Topanga estate site with a 270 degree
ocean view from Surfriders Beach to Santa Monica Bay. Over
$1M development costs invested in the property that includes 6"
thick, steel reinforced, surface etched, concrete driveway,
underground power, gas, fiber, water and cable lines to multiple
locations, fire hydrant, water tank, well and pump station, seepage
pits, solar panels, generator, (2) storage containers and 2 bedroom
construction trailer. Soils, percolation , grading and plans for
stunning, architectural 4750 square foot house. Plans for a 7800
square foot home previously approved by coastal. Great location -
15 minutes to ocean, center of Malibu, Santa Monica and Calabasas.
Best private ocean view estate property on the market!
Unit Size
-
Days on Market
83 days
Land Size
13.91 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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%.
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CLAW #19473860)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2019 | Sold | ||
| Sold | |||
| Jun 4, 2019 | Listed by Coldwell Banker Residential Br | $1,295,000 | |
| Listed by Coldwell Banker Residential Br | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Los Angeles
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Bill Moss, Coldwell Banker Residential Br
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 19473860
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 19473860
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017