
Los Angeles, California 90042
This property presents a High-Potential Investment Opportunity with a List Price of $459,000—positioned well below the $391,661 Fair Market Value by -17%. While the unit features a spacious 920 sqft layout and a private patio with scenic hillside views, it carries a Poor Condition Rating due to its original 1981 finishes. The high monthly HOA fee necessitates a careful review of rental yields. This asset is best suited for Buy-and-Hold Investors or first-time buyers capable of executing modernization projects.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4040 Via Marisol 117 Subject | $459,000* List Price | 1 | 1 | 920 | $426 | - |
A 4040 Via Marisol 120 Sold | $500,000 | 2 | 2 | 1,100 | $455 | 0.0 mi |
B 4499 Via Marisol 330 Sold | $429,000 | 1 | 1 | 795 | $540 | 0.4 mi |
C 4049 Via Marisol Sold | $440,000 | 2 | 2 | 1,102 | $399 | 0.1 mi |
D 3961 Via Marisol 233 Sold | $485,000 | 2 | 2 | 1,011 | $480 | 0.1 mi |
E 3961 Via Marisol 316 Sold | $569,000 | 2 | 2 | 1,011 | $563 | 0.1 mi |
F 5840 Benner 201 Sold | $420,000 | 2 | 2 | 753 | $558 | 1.0 mi |
G 898 Temple Terrace 315 Active | $539,000 List Price | 2 | 2 | 977 | $552 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 43 years old (built 1981) and shows no evidence of recent renovations. The kitchen and bathroom feature original oak cabinetry, dated white appliances, popcorn ceilings, and 1980s-style gold-trimmed fixtures, meeting the >30-year age criteria for a poor rating requiring modernization.
Nestled in the peaceful Monterey Hills, the property offers a park-like setting with lush greenery and hillside views, providing a tranquil retreat while remaining close to DTLA and Pasadena.
At 920 square feet, this one-bedroom unit is significantly larger than the average condo in its class, offering a spacious and airy layout that is rare for this price point.
The residence features a spacious patio that extends the living space outdoors, perfect for gardening or creating a private lounge area to enjoy the surrounding nature.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =604824, other record lot size in square feet = 604644.
The monthly HOA fee of $863.48 is notably high for a one-bedroom unit, which may impact overall affordability and appeal for budget-conscious buyers.
Built in 1981 and lacking mention of recent interior renovations, the unit may require additional capital investment for cosmetic or functional upgrades to meet modern aesthetic standards.
Welcome to 4040 Via Marisol #117 a bright and inviting home nestled in one of the most peaceful and scenic pockets of Monterey Hills. Surrounded by lush greenery and rolling hillside views, this residence feels like living inside a private park. Enjoy fresh air, beautiful tree-lined drives, and a serene neighborhood atmosphere while still being conveniently connected to Pasadena, Downtown LA, and major freeways.This light-filled unit features a spacious patio perfect for creating your own outdoor retreat with plants, flowers, and comfortable seating for morning coffee or relaxing evenings. The community is ideally located near parks, hiking trails, Trader Joe's, dining, and everyday conveniences, offering a rare balance of nature and city accessibility.A wonderful opportunity to enjoy tranquil hillside living with urban convenience just minutes away.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 12% |
| Baths | 1.0 | 2.0 | 27% |
| Square foot | 920 | 1,088.5 | 27% |
| Lot Size | 604,824 | 168,115 | 88% |
| Price | $459.0K | $550.0K | 15% |
| Price per sq ft | $499 | $509 | 38% |
| Built year | 1981 | 1982 | 42% |
| HOA | $863.48 | $613 | 92% |
| Days on market | 25 | 210 | 8% |
May 22, 2026
$459,000
Initial Listing
Oct 10, 2003
$226,000
Public Record