4040 Via Marisol 124, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 2 bath
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Los Angeles, California 90042
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $545,000—positioned well below the $667,384 Fair Market Value by 18%. This valuation gap offers $122,384 in Instant Equity for the buyer. Featuring a Mint Condition Rating with modern renovations, the unit offers panoramic city views, a wraparound balcony, and premium building amenities like a pool and gym. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end, move-in ready lifestyle in Monterey Hills.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4040 Via Marisol 124 Subject | $545,000* List Price | 3 | 2 | 1,495 | $446 | - |
A 4499 Via Marisol 240 Sold | $450,000 | 2 | 2 | 1,038 | $434 | 0.4 mi |
B 4239 Via Arbolada 303 Active | $480,000 List Price | 2 | 2 | 1,070 | $449 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 1981, the unit features a high-end, modern renovation likely completed within the last 5 years. The kitchen and bathrooms are updated with contemporary shaker cabinetry, quartz countertops, designer tile backsplashes, and modern fixtures, putting it in mint, move-in ready condition.
Rare for a first-floor unit, this property offers 'penthouse-style' panoramic views of the hills and Downtown LA, complemented by an expansive wraparound balcony ideal for entertaining.
The 1,495 sqft layout features an intuitive design with bedrooms on opposite sides of the home, providing optimal privacy for remote work or guests.
The complex offers high-value features including side-by-side parking, EV charging access, a pool, spa, gym, and direct access to park-like trails and green spaces.
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. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The association fee of $1,017.02 is significantly high for this price point, which may impact buyer affordability and overall debt-to-income ratios.
The current list price of $545,000 is substantially lower than the 2022 sale price of $760,000, which may signal underlying building issues or a shift in local market demand.
Penthouse style views on a coveted first floor unit in Monterey Hills. This home has an intuitive and well-designed floorpan that maximizes the breathtaking views and indoor-outdoor flow. From an open and spacious living and dining room, there are large sliding doors to an expansive wraparound balcony with views of the hills and Downtown LA. The generous private outdoor space is ideal for hosting. This is the spot to host a summer barbecue or to wind down with an evening drink after a long day. The primary bedroom and secondary bedrooms are located at opposite sides of the home creating the much needed separation for anyone working at home. The primary bedroom features an ensuite bathroom, a generous closet and views. There's great storage throughout with thoughtful built-ins and a large laundry room. There is side by side parking, access to EV chargers, a sparkling pool and spa, gym, clubhouse and park-like trails and grassy areas. When not enjoying your home or views, you are only moments away from hiking in Ernest Debs, dog parks, hip restaurants in Northeast LA, including Secret Pizza (down the street), HomeState, Highland Park Bowl, Goldline and many more. Monterey Hills is a quiet peaceful pocket conveniently located to Highland Park, Pasadena, Downtown LA, San Gabriel Valley and easy commute with access to the 110 and L train.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,495 | 1,243 |
| Lot Size | 604,824 | 24,016 |
| Price | $545.0K | $805.6K |
| Price per sq ft | $365 | $659 |
| Built year | 1981 | 1981 |
| HOA | $1017.02 | $684 |
| Days on market | 5 | 71 |
Jul 17, 2026
$545,000
Initial Listing
Jan 11, 2022
$760,000
Public Record
Mar 29, 2013
$385,000
Public Record
Apr 22, 1999
$166,000
Public Record
Nov 30, 1993
$155,000
Public Record