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About This Property
Attention investors, builders, and flippers! This single-story Mid-Century Modern home is your chance to create a standout property in one of West Hills' most desirable neighborhoods. The home currently offers 4 bedrooms, 2 bathrooms, and 2,208 sq. ft., with plans ready to submit to the City to reconfigure the oversized garage and create a 5-bedroom, 3-bathroom layout while maintaining a functional garage. The proposed design adds approximately 130 square feet of living space, maximizing both functionality and future value. The property also features a fully paid solar panel system included with the sale.
Located within a highly sought-after West Hills neighborhood known for its excellent schools, parks, shopping, dining, and convenient freeway access, this property offers tremendous upside for resale or long-term investment.
Opportunities with this level of preparation and value-add potential are hard to find. Complete the plans, renovate, and bring this Mid-Century Modern home back to life.
Buyer to verify all information, including plans, square footage, permits, and development potential to their own satisfaction.
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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%.
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 |
|---|---|---|---|
| Sep 2, 2026 | Sold | ||
| Sold | |||
| Aug 12, 2026 | In contract | - | |
| In contract | |||
| Jul 31, 2026 | Relisted | $949,000 | |
| Relisted | |||
| Jul 28, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Listed by RISE Real Estate Group | $949,000 | |
| Listed by RISE Real Estate Group | |||
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About South Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017