5508 W Olympic Boulevard
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 23, 2025 | Sold | ||
| Sold | |||
| Jan 6, 2025 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Listed by Nourmand & Associates-HW | $1,150,000 | |
| Listed by Nourmand & Associates-HW | |||
| | |||
|
Beautiful light and bright 1,885-square-foot home in the heart of Miracle Mile. Ideally located between the Westside and DTLA, this property offers easy access to a wide range of dining, shopping, museums, and entertainment options. This modern 2 bedroom, 2.5 bathroom home features a spacious, high-end kitchen equipped with stainless steel appliances, including a chef's stove, built-in microwave, large French door refrigerator with ice/water dispenser, a large island with prep sink and pendant lighting, quartz countertops, newer cabinets, and a chic chevron-tiled backsplash. The main living area is flooded with natural light, boasting walls of glass and a generous living and dining space. It also includes a half bathroom and a walk-out balcony, perfect for a BBQ. Designed with privacy in mind, each bedroom is on its own floor (3rd and 4th levels) and includes an en-suite bathroom. The primary suite offers panoramic views, while the second bedroom features a cozy walk-out patio. Additional highlights include a private 2-car garage with direct access to a front foyer/office space, a full-sized laundry room, ample storage, wide-plank flooring, recessed lighting, central A/C, tankless water heater, dual-pane windows with screens, and no shared walls. Don't miss the opportunity to make this exquisite property your new home!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Central LA
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,027 /mo
- 3 Beds
- 3 Baths
- 1,850 ft²
$9,000 /mo
- 2 Beds
- 2 Baths
- 3,000 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017