
Los Angeles, California 90042
This Turnkey Monterey Hills Condominium is a Strong Value Opportunity, listed at $515,000—positioned well below the $565,824 Fair Market Value by 8%. This valuation gap offers $50,824 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the unit boasts modern quartz finishes, wide-plank flooring, and a private patio with panoramic hillside views. With resort-style amenities including a pool and spa, this residence is an ideal choice for first-time buyers or owner-occupants seeking a sophisticated, move-in-ready lifestyle in Northeast Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4040 Via Marisol 121 Subject | $515,000* List Price | 2 | 2 | 1,100 | $514 | - |
A 4000 Via Marisol 208 Sold | $500,000 | 2 | 2 | 1,100 | $455 | 0.0 mi |
B 4589 Via Marisol 260 Sold | $550,000 | 2 | 1 | 1,015 | $542 | 0.4 mi |
C 3961 Via Marisol 218 Sold | $640,000 | 3 | 2 | 1,257 | $509 | 0.1 mi |
D 4499 Via Marisol #124 Sold | $543,000 | 2 | 1 | 1,076 | $505 | 0.4 mi |
E 4499 Via Marisol 309 Sold | $520,000 | 2 | 1 | 1,025 | $507 | 0.4 mi |
F 4280 Via Arbolada 201 Sold | $625,000 | 2 | 2 | 1,213 | $515 | 0.3 mi |
G 4041 Via Marisol 313 Pending | $599,000 List Price | 2 | 2 | 1,102 | $544 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1981, the property has undergone a comprehensive, high-end renovation within the last 5 years. The kitchen and bathrooms feature modern designer finishes, quartz countertops, and shaker cabinetry. With new wide-plank flooring and recessed lighting throughout, the home is in mint, turnkey condition.
The property has been comprehensively updated with high-end finishes, including quartz countertops, wide-plank flooring, and designer bathrooms, offering a move-in-ready experience for buyers.
Situated in the serene Monterey Hills, the home offers a peaceful hillside retreat while being minutes away from the vibrant dining and cultural hubs of Highland Park and South Pasadena.
The 1,100-square-foot open-concept layout is complemented by large sliding doors leading to a private patio, providing a seamless transition to outdoor living and greenery.
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 approximately $917 is significantly high relative to the listing price, which may impact buyer affordability and debt-to-income ratios.
Built in 1981, the complex may face upcoming capital improvement projects or maintenance issues typical of older developments, despite the modern interior of the specific unit.
Welcome to 4040 Via Marisol #121, a beautifully renovated 2-bedroom, 2-bath condominium located in the desirable Monterey Hills community of Northeast Los Angeles. Thoughtfully redesigned with modern finishes and clean lines, this turnkey residence offers a seamless blend of style, comfort, and functionality. Inside, you’re greeted by a bright, open-concept layout where wide-plank flooring and recessed lighting create a warm, contemporary feel. The updated kitchen features sleek quartz countertops, shaker-style cabinetry, stainless steel appliances, and custom shelving, flowing effortlessly into the dining and living areas. Large sliding doors open to a private patio surrounded by greenery, creating an ideal indoor-outdoor living experience. Both bathrooms have been tastefully upgraded with designer finishes, while the spacious bedrooms offer flexibility for guests, work, or everyday living. Residents enjoy access to resort-style amenities including a pool, spa, and beautifully maintained grounds within a hillside community. Conveniently located near the Figueroa and York Boulevard corridors, you’re just minutes from Highland Park favorites like Kitchen Mouse, Café Birdie, Las Cazuelas, and Goldburger, along with Occidental College and easy access to Downtown LA, Pasadena, and South Pasadena. A rare opportunity to own a fully updated home in one of Northeast LA’s most peaceful hillside communities.
No exterior & parking available.
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 | 1,100 | 1,100 | 50% |
| Lot Size | 604,824 | 168,115 | 88% |
| Price | $515.0K | $550.0K | 35% |
| Price per sq ft | $468 | $509 | 23% |
| Built year | 1981 | 1982 | 42% |
| HOA | $916.89 | $613 | 92% |
| Days on market | 36 | 210 | 8% |
May 11, 2026
$515,000
Initial Listing
Sep 19, 2024
$380,000
Public Record