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2776 Wright Lane
About This Property
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 19, 2025 | Listed | $1,429,000 | |
| Listed | |||
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Welcome to 2776 Wright Lane, a stunning contemporary tri-level townhome located in a private gated community in the highly desirable Hollywood Hills! This spacious home features three bedrooms, three and a half bathrooms, and approximately 2,194 square feet of thoughtfully designed living space. One of the rare properties in the community with no neighbors directly across, this home offers exceptional privacy and the freedom to keep your windows open while enjoying an abundance of natural light. The open-concept living area enhances this airy ambiance and includes a private balcony with breathtaking mountain views, making it the perfect spot to relax and unwind. The gourmet kitchen is a chef's dream, featuring an oversized island, custom cabinetry, sleek countertops, and energy-efficient stainless steel appliances. Each luxurious bathroom is beautifully designed with high-end countertops and environmentally friendly fixtures, adding to the home's modern appeal. All carpet throughout the home is brand new, adding a fresh and updated touch. The primary suite offers a true retreat, complete with a private patio that extends the living space outdoors for a peaceful and relaxing atmosphere. Additional features include a two-car attached garage, energy-efficient lighting, a tankless water heater, and recessed lighting throughout. Located in a secure gated community, this home provides both privacy and convenience with easy access to the Hollywood Bowl, Runyon Canyon, Universal Studios, and the vibrant Hollywood entertainment district. Do not miss the opportunity to own this exceptional residence in one of Los Angeles's most sought-after neighborhoods!
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| Dec 13, 2023 | No longer available | - | |
| No longer available | |||
| Oct 29, 2023 | Relisted | $1,400,000 | |
| Relisted | |||
| Oct 28, 2023 | No longer available | - | |
| No longer available | |||
| Oct 6, 2023 | Listed by Coldwell Banker Greater Valleys | $1,400,000 | |
| Listed by Coldwell Banker Greater Valleys | |||
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Welcome to Hollywood Hills! This elegant tri-level townhome with 3 bedrooms and 3.5 bathrooms is located in a private, gated community with fantastic views of the Hollywood Hills. You will quickly fall in love with this amazing property. The 2nd floor will be your favorite area to entertain your friends and family, where you will locate the gorgeous open kitchen with a spacious island, custom cabinetry with ample storage space, beautiful counter-tops & stainless-steel energy efficient appliances. There is new flooring throughout. The bathrooms showcase premium finishes, clean, modern counter-tops and energy efficient lighting and fixtures. You will quickly enjoy the tons of natural light plus modern recess lighting throughout. You’ll want to come check out this beauty that offers a 24-hr secure gate, 2 car attached garage, and beautiful balcony views. If you appreciate having upscale dining, bars and entertainment nearby, this gem is for you. It also offers convenient access to 101 freeway, as well as major attractions such as the Hollywood Bowl, Runyon Canyon, Universal Studios, & Hollywood.
Neither broker nor listing agent guarantees the accuracy of the square footage, lot size or other information concerning the conditions or features of the property, provided by the sellers or obtained from public records or other sources. Buyer(s) with their agent(s) are advised to independently verify the accuracy of the information. The manager has listed the unit size as 2194 square feet.
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Property Highlights
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Status
Price/ft²
Listed On
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About Central LA
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017