2823 MORAGA Drive
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2026 | Sold | ||
| Sold | |||
| Apr 26, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Listed by The Agency | $2,495,000 | |
| Listed by The Agency | |||
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Thoughtfully reimagined Post and Beam in the coveted hills of upper Bel Air offering 3 bedrooms and 3 baths with soaring ceilings, skylights, and abundant natural light. The open floor plan unfolds from one space to the next, creating a seamless indoor-outdoor flow designed for both everyday living and effortless entertaining. The living room is anchored by a redesigned gas fireplace and opens through French doors to a private outdoor setting featuring a resurfaced saltwater pool and spa, drought-tolerant landscaping, and multiple areas for lounging and dining, allowing the home to transition easily between interior comfort and outdoor living. The kitchen is both beautifully finished and highly functional, appointed with custom cabinetry, quartz countertops and backsplash, and a premium suite of appliances including Wolf, Sub-Zero, induction cooktop, and steam oven, all connecting to the main living and dining areas. The primary suite offers a quiet and refined retreat with updated finishes including a new countertop, mirror, sconces, and towel warmer, while two additional bedrooms are well-proportioned and thoughtfully positioned with a jack and jill bathroom. A detached air-conditioned structure provides flexibility as an office, studio, or creative space, complemented by a two-car garage with air conditioning and built-in storage suitable for gym or flex use. Recent upgrades include new HVAC and ductwork, water softener, tankless water heater, upgraded electrical, backup generator, new gutters, and new pedestrian side gates. Smart home features include lighting, motorized blinds, pool and spa controls, irrigation with rain sensors, and security cameras, all accessible remotely. Additional features include EV charger and fruit trees including apple, fig, lemon, and lime with passion fruit vines. Located within the Roscomare Road Elementary School district and just moments from Bel Air amenities.
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| May 25, 2018 | Sold | ||
| Sold | |||
| Apr 4, 2018 | Listed by Pinkham Estates Realty | $1,995,000 | |
| Listed by Pinkham Estates Realty | |||
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About West Los Angeles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017