ActiveResidential · sale

2920 Salmon River Circle

Westlake Village, CA 91362

$1,695,000

  • 5 beds
  • 4 baths
  • 2,600 sq ft
  • 0.17 acres
  • Built 1971

Listed by Pinnacle Estate Properties Inc · MLS #226004410

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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PROPERTY QUESTIONS & SHOWINGS

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2920 Salmon River Circle, Westlake Village, CA 91362 · MLS #226004410

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A FEW THINGS TO NOTICE

What stands out.

Additional spaces

2100 sqft) plus a separate two-level guest house (approx.

Living spaces

The spacious living room is filled with natural light from oversized windows and features vaulted ceilings and a beautiful fireplace as its centerpiece.

Details worth a look

The main residence and guest house frame an entertainer's backyard featuring a large pool and spa, expansive covered patio, and multiple areas to relax and entertain, creating a unique and versatile indoor-outdoor setting rarely found in Westlake Village.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

An incredible opportunity in the highly sought-after Westlake Hills community. Offering approximately 2,600 square feet of total living space, this move-in-ready property features a 4-bedroom, 3-bath main residence (approx. 2100 sqft) plus a separate two-level guest house (approx. 500 sqft) with a full bathroom and loft. The main residence and guest house frame an entertainer's backyard featuring a large pool and spa, expansive covered patio, and multiple areas to relax and entertain, creating a unique and versatile indoor-outdoor setting rarely found in Westlake Village. Step inside the main residence to a dramatic entry with soaring vaulted ceilings and a grand staircase. The spacious living room is filled with natural light from oversized windows and features vaulted ceilings and a beautiful fireplace as its centerpiece. An adjacent room, formerly the formal dining room, has been converted to a downstairs bedroom and offers excellent flexibility as a home office or guest room. Down the hall is a remodeled full bathroom leading to the kitchen, which opens seamlessly to an additional living and dining area. A large center island brings the space together with both style and functionality, while expansive windows and sliding doors connect the interior directly to the backyard. Upstairs are two additional guest bedrooms, an updated guest bathroom, and a spacious primary suite privately positioned at the end of the hallway. An upstairs laundry closet adds another level of everyday convenience. The detached two-level guest house is what truly sets this property apart. Complete with a full bathroom and loft, the space offers endless possibilities as additional living quarters, a home office, gym, studio, pool house, or combination of uses. Additional highlights include paid-off solar and Tesla Powerwall. With its flexible floor plan, separate guest house, resort-style backyard, and exceptional indoor-outdoor living, this is a truly special opportunity in one of Westlake Village's most desirable neighborhoods.

THE NEIGHBORHOOD

Explore the location.

2920 Salmon River Circle, Westlake Village, CA 91362

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1971
Full baths
4
Half baths
0
Garage spaces
2
Cooling
CentralAir
Heating
Central
Appliances
Dishwasher,Freezer,Microwave,Range,Refrigerator
Flooring
Wood
Pool
Yes
Pool features
InGround,Private
Spa
Yes
Zoning
R1-8
Parcel
6800132185
HOA
Westlake Hills
HOA amenities
Other
HOA fee frequency
Annually
HOA fee
$40.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

Investor outlook Rental potential, ownership costs and property management

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$7,062.50
Cap rate

Annual operating income:

HOA: Includes $3.33 per month in HOA dues, converted from the $40.00 annual fee reported by the listing source.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

A team for what comes next.

Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #226004410 · California Regional MLS

Listing brokerage: Pinnacle Estate Properties Inc
Listing agent: Chad Martinson

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.