3302 Van Allen Place
About This Property
Double-height living and dining spaces frame sweeping vistas and open to a resort-style backyard with saltwater pool and spa, outdoor fireplace, built-in BBQ, covered patio, mature trees, and refreshed landscaping. Designed for effortless entertaining and everyday retreat, the outdoor space feels private, usable, and connected to the surrounding canyon.
Expansive glass doors create seamless indoor-outdoor living. The open-concept kitchen with a large center island anchors the main living areas, making the home ideal for gatherings, casual dining, and relaxed daily living. The main level includes a guest suite with ensuite bath and two additional flex rooms, offering dedicated space for a home office, gym, media room, studio, or wellness space, plus a powder room, laundry room, and multi-car garage.
Upstairs, the primary suite spans the rear of the home, with a private balcony overlooking the mountains, a spa-style bath, dual walk-in closets, and an additional office or wellness lounge. Three secondary bedrooms each feature their own baths, including one with a steam shower, creating a true ensuite layout.
Smart-home systems, EV charging, surround sound, patio heaters, and new HVAC bring modern comfort and convenience. With Topanga Canyon State Park's renowned trails nearby, premier equestrian facilities including Fair Hills Farms, scenic canyon routes, golf, Malibu beaches, and the Calabasas-Malibu social and dining scene all within reach, this guard-gated enclave offers a rare mix of privacy, outdoor access, and city-adjacent luxury.
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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 |
|---|---|---|---|
| Sep 27, 2026 | Price Increased |
$2,449,000
↑ $200K
(8.9%) | |
| Price Increased | |||
| Sep 26, 2026 | Price Decreased |
$2,249,000
↓ $250K
(10%) | |
| Price Decreased | |||
| Jun 25, 2026 | Price Decreased |
$2,499,000
↓ $126K
(4.8%) | |
| Price Decreased | |||
| May 19, 2026 | Price Decreased |
$2,625,000
↓ $75K
(2.8%) | |
| Price Decreased | |||
| May 1, 2026 | Price Decreased |
$2,700,000
↓ $50K
(1.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017