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2801 Durand Drive
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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 |
|---|---|---|---|
| Aug 29, 2026 | Price Decreased |
$1,300,000
↓ $200K
(13.3%) | |
| Price Decreased | |||
| Mar 9, 2026 | Listed by Pinnacle Estate Properties, Inc. | $1,500,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
| Mar 28, 2025 | Listed | $1,950,000 | |
| Listed | |||
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Spectacular building sites on the Durand Drive ridgeline in Beachwood Canyon. The property consists of 6 contiguous lots (1.57 acres, 68,250 SF, separate APN's) with excellent views of the Hollywood sign, Lake Hollywood Reservoir, and Downtown Los Angeles. Downsloped from the street for a truly spectacular hillside custom home project with an extensive amount of land, rare for the Hollywood Hills. The entry lot has a flat area at the street level; homes on either side are in the multi-million dollar price range. This is a rare opportunity to build a large view home or more with plenty of land for gardens, trails, a dream compound within the scenic and famous Hollywood Hills. The views and exquisite natural surroundings are at your doorstep, offering the perfect setting for a stellar property. Hiking trails are adjacent, including the nearby circuit around the Hollywood Reservoir (3.5 miles, flat and serene) and more adventurous hikes up the hills and trails. It is a few blocks from the Beachwood Canyon Market and the Cafe and a short distance to commute to several major studios. These include Netflix, Universal, and Hollywood's famed production sites. It is your peaceful retreat in the Hills, and minutes from Hollywood. Several nearby properties are in the $10M and more range. This 6 lot package is fit for a compound estate, or multiple homes, and presents a once-in-a-lifetime opportunity. City utility services are in the street; prestigious homes are on either side of this land on one of the best streets in Beachwood Canyon.
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| Sep 20, 2023 | No longer available | - | |
| No longer available | |||
| Mar 14, 2023 | Listed by The Agency | $2,650,000 | |
| Listed by The Agency | |||
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Unique opportunity to build a one-of-a-kind unobstructed view Mansion in the private and very desirable neighborhood of Beachwood Canyon. Featuring 360-degree stealer views of the Hollywood Reservoir Lake, Hollywood sign and The Hills. this lot is conveniently located near jogging and hiking trails, All set in a tranquil and serene locale. over an acre-and-a-half lot. Six APN are included in this sale. An additional project site is available on a smaller lot, one door down, "Conceptual Rendering based on The Ranch Mine's Red Rocks project in Phoenix, Arizona, USA." Link to The Ranch Mine's website (www.theranchmine.com)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017