17
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8550 Ridpath Drive
About This Property
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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 |
|---|---|---|---|
| Jul 31, 2026 | Listed by Compass | $1,975,000 | |
| Listed by Compass | |||
| Mar 31, 2024 | No longer available | - | |
| No longer available | |||
| Feb 15, 2024 | Listed by The Agency | $1,849,000 | |
| Listed by The Agency | |||
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Meticulously designed by Rebuilt this Laurel Canyon enclave offers tranquility amidst the bustling heart of Los Angeles. This contemporary treehouse is an oasis of calm, with an abundance of natural light and cozy elegance. The sleek exterior design includes casement windows, a metal roof, and wood siding that integrate organic materials into nature creating a meaningful and joyful ambiance. The heart of this home is an open concept kitchen, adjacent to the living room, complete with expansive picturesque Pinky's doors that fully open to unveil a large deck for outdoor dining and a private yard perched high above the street. The tiered yard sets the stage for entertaining with multiple areas including a private cedar hot tub and grass lined by hedges. Two bedrooms on the lower level, a comfortable seating area, and captivating skylights offer a harmonious blend of living and working spaces. The master retreat on the upper level showcases exquisite wood-beamed ceilings, a spacious master bathroom, and vibey retreat. An added bonus is the detached garage, which doubles as a versatile live/work area. This remarkable residence is mere seconds away from the Canyon Country Mart, nestled in a vibrant community that fulfills all your desires for life in "The Hills" and the rich history Laurel Canyon holds. Some photos have been digitally enhanced & edited. The manager has listed the unit size as 1596 square feet.
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| Nov 29, 2023 | No longer available | - | |
| No longer available | |||
| Nov 17, 2023 | Relisted | $1,695,000 | |
| Relisted | |||
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About West Los Angeles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017