2870 Pacific View Trail
About This Property
Perched high in the Hollywood Hills a heartbeat from Mulholland Drive, with breathtaking, unobstructed 270-degree views, this extremely private residence features a sprawling 2,468 sq ft of living space on an 11,839 sq ft lot. Soaring ceilings, fireplace, indoor-outdoor flow, all new hardwood flooring, recessed lighting and fully remodeled kitchen and nook complete this home's exhilarating flow. Master suite includes walk-in closet, luxurious bath, magnificent views and direct patio access. Two bedrooms PLUS den, PLUS: a gorgeous, DETACHED GUEST HOUSE (Not Included in listed Square Footage) Same breathtaking views (with peekaboo Hollywood Sign view) with 3/4 bath, tankless water heater and kitchenette. 1,000+ sq ft wrap-around deck with no next-door neighbors in sight. Copper plumbing. Walking distance to Runyon Canyon and easy fwy access via Mulholland Drive. An extraordinary opportunity, these stunning views are without equal. Unparalleled privacy. And ample parking for multiple vehicles! This home is truly a Hollywood Hills gem. Note: If guest house is included, price $ per sf = $601.46
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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 |
|---|---|---|---|
| Jun 26, 2018 | Sold | ||
| Sold | |||
| Apr 28, 2018 | Listed by James Carlson, Broker | $1,725,000 | |
| Listed by James Carlson, Broker | |||
| Nov 29, 2016 | Sold | ||
| Sold | |||
| Oct 12, 2016 | Listed by Compass | $1,495,000 | |
| Listed by Compass | |||
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Perched high in the Hollywood Hills just seconds from Mulholland Drive, this exceptional property offers unobstructed, 270 degree panoramic views that must be seen to be believed. Situated on a 5-parcel lot, this extremely private home lies at the end of a cul-de-sac, with 2,468 sq ft of living space on an 11,839 sq ft lot. Enjoy the 1,000+ sq ft wrap-around deck with additional views of the Hollywood sign, and no next-door neighbors in sight. Home offers: soaring ceilings, fireplace, indoor-outdoor flow, updated kitchen, den, office, and master suite with walk in closet, en-suite bath, and direct patio access. Views from most every room. Separate guest house with 3/4 bath and tankless water heater. Close to Runyon Canyon and easy freeway access via Mulholland Drive. An extraordinary opportunity to purchase one of the most unique view properties on the market with endless upside potential.
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About Central LA
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017