
Glendale, California 91208
This Turnkey Condominium is a High-Potential Investment Opportunity, listed at $629,000—positioned well below the $749,328 Fair Market Value by 16%. This valuation gap offers $120,328 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the unit includes Granite Kitchen finishes, Central HVAC, and Panoramic Views. Located in the Glendale Unified district near top-rated schools, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready, high-value residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1935 Alpha Road 238 Subject | $629,000* List Price | 2 | 2 | 1,233 | $608 | - |
A 1935 Alpha Road 112 Sold | $785,000 | 3 | 2 | 1,411 | $556 | 0.0 mi |
B 2940 N Verdugo Road 305 Sold | $640,000 | 2 | 2 | 1,011 | $633 | 0.3 mi |
C 2940 N Verdugo Road 411 Sold | $480,000 | 1 | 1 | 768 | $625 | 0.3 mi |
D 2940 N Verdugo Road 214 Active | $620,000 List Price | 2 | 2 | 1,003 | $618 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the building was constructed in 1969, the interior of this unit has been completely redone with modern laminate flooring, granite countertops, recessed lighting, and fresh paint. With updated central HVAC and a move-in ready status, it meets the criteria for a recent renovation under 5 years.
Middle School: Rosemont Middle School (9/10). High School: Crescenta Valley High School (9/10).
As a top-floor corner unit with only one shared wall and high ceilings, this property offers superior privacy, enhanced natural light, and a quieter living environment compared to standard units.
The interior has been fully modernized with granite countertops, new laminate flooring, recessed lighting, and central HVAC, providing a move-in-ready experience for the buyer.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =219197, other record lot size in square feet = 219123.
The monthly HOA fee of $563.64 is relatively high for this price point, which may impact overall affordability and the debt-to-income ratio for some prospective buyers.
Originally constructed in 1969, the aging infrastructure of the complex may necessitate future capital improvements or special assessments despite the individual unit's recent renovations.
Location, location and location, Alpha Rd. Terrace offers total tranquility yet within minutes to all, like downtown Montrose, shops and restaurants. The unit is located at top floor and it's a corner unit with only one common wall. It offers a spacious living and dining room, very bright and airy (high ceiling). There is a fair size balcony with views of Glendale Hills and plenty of nature scenery . Interior of the unit is all redone, like granite top counters, beautiful laminated flooring, new paint, recess lighting, central air and heating and much more. The complex offers sparkling large pool, spa and hut tub as well. It has 2 parking space and room for guest parking. It is ready to move in!
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 1.2 mi
Grades 6-8 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,233 | 1,233 | 50% |
| Lot Size | 219,197 | 219,197 | 50% |
| Price | $629.0K | $640.0K | 33% |
| Price per sq ft | $510 | $556 | 33% |
| Built year | 1969 | 1969 | 50% |
| HOA | $563.64 | $564 | 50% |
| Days on market | 37 | 222 | 33% |
May 7, 2026
$629,000
Initial Listing
Apr 11, 2001
$169,000
Public Record