6561 LAKERIDGE Road
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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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Mar 21, 2026 | In contract | - | |
| In contract | |||
| Mar 1, 2026 | Listed by Rodeo Realty | $1,899,000 | |
| Listed by Rodeo Realty | |||
| | |||
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Located in the exclusive and highly desirable Lakeridge community of Lake Hollywood, this single-story home is elegant and updated. Upon entering, the attention to detail and the quality of the improvements are evident throughout the home. The living room is filled with natural light and features a lovely stone-faced fireplace with black quartz accents. Recessed lighting and rich custom molding have been installed throughout each room. Wood flooring has been installed in all rooms, except the bathrooms and kitchen. The family room, kitchen, and sunroom are expansive and open to each other, providing a wonderful "open-flow". The family room has been wired for a surround sound system. The kitchen is equipped with beautiful cabinetry, black stone counters, a Miele stovetop, oven, and dishwasher. The microwave has a large drop-in drawer that opens automatically. A wall of glass in the sunroom provides abundant natural light throughout. One guest bedroom has been turned into a fully functional office with a built-in desk, shelves, file drawers, and storage cabinets. It can easily become a bedroom again by removing the wall unit. The second guest bedroom features an adjoining bathroom with a large all-glass shower with dual showerheads, custom tilework, and a bidet-style toilet. The primary bath is elegant. It has a separate Kohler tub, a large all-glass shower with dual showerheads, and beautiful stone counters, backsplash, and floors. The primary suite is spacious, with an enormous custom walk-in closet, a center island with storage drawers, and a seated makeup table. A sliding glass door leads to the spa. Outdoors is a study in serenity and privacy. It has been professionally designed for entertainment and seclusion. It is pleasing to the eye from every angle. There is a large dining area with an outdoor kitchen, complete with a BBQ, a sink, a refrigerator, a separate cooktop burner, and storage. There are two beautiful lounging areas: one off the primary bedroom and the other with a large custom-built natural-gas fire pit. Accent lighting has been thoughtfully designed to enhance the stunning professional landscaping. The stunning terracing has been designed with engineering and proper drainage, drought-tolerant plants, and a drip irrigation system to prevent erosion. Two elevated custom-built terraces were installed to relax, be close to nature, and enjoy the hillside views. Fruit trees are abundant around the property, including an orange, lime, mandarin, mango, avocado, peach, pomegranate, persimmon, and more. Included is a whole-house water filtering system and a drinking water system. Ideally located and just a few minutes from Warner Bros, Universal, Disney, Netflix Studios, Whole Foods, Trader Joes, Gelson's, Ralphs, Von's, and many restaurants.
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| Apr 26, 2018 | Sold | ||
| Sold | |||
| Feb 16, 2018 | Listed by Douglas Elliman | $1,575,000 | |
| Listed by Douglas Elliman | |||
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About Central LA
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017