
Los Angeles, California 90042
This Turnkey Condominium represents a Strong Value Opportunity, listed at $524,000—positioned well below the $563,311 Fair Market Value by 6%. This valuation gap provides $39,311 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the unit boasts a recently updated Granite Kitchen, fresh paint, and new recessed lighting. With resort-style amenities like a pool, spa, and pickleball courts, this home is an ideal sanctuary for first-time buyers or Owner-Occupants seeking a move-in-ready lifestyle near DTLA.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4141 Via Marisol 215 Subject | $524,000* List Price | 2 | 2 | 1,120 | $503 | - |
A 4041 Via Marisol 215 Sold | $570,000 | 2 | 2 | 1,183 | $482 | 0.1 mi |
B 4041 Via Marisol 313 Sold | $595,000 | 2 | 2 | 1,102 | $540 | 0.1 mi |
C 4041 Via Marisol 105 Sold | $590,000 | 2 | 2 | 1,096 | $538 | 0.1 mi |
D 4041 Via Marisol 111 Sold | $606,500 | 2 | 2 | 1,096 | $553 | 0.1 mi |
E 4201 Via Marisol 228 Sold | $550,000 | 2 | 2 | 1,159 | $475 | 0.1 mi |
F 898 Temple 125 Sold | $475,000 | 2 | 1 | 924 | $514 | 0.4 mi |
G 4499 Via Marisol 240 Sold | $450,000 | 2 | 2 | 1,038 | $434 | 0.3 mi |
H 4499 Via Marisol 321 Sold | $570,000 | 2 | 2 | 1,139 | $500 | 0.3 mi |
I 4239 Via Arbolada 303 Active | $465,000 List Price | 2 | 2 | 1,070 | $435 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a recently renovated kitchen with modern shaker cabinets and granite countertops, along with fully redone bathrooms. With fresh paint, new recessed lighting, and a mint, move-in-ready interior, it meets the criteria for a high-quality renovation under 5 years old.
The unit features a recently updated kitchen with shaker cabinets and granite countertops, along with redone bathrooms and fresh paint, offering a move-in-ready experience.
Located in Monterey Hills, the property provides excellent proximity to DTLA, Old Town Pasadena, and USC Health Sciences, making it ideal for commuters.
Residents enjoy access to premium community features including pickleball courts, a pool, and a spa, with water and trash services conveniently included in the HOA dues.
The monthly association fee of $766 is significant and may be a deterrent for budget-conscious buyers or those looking to maximize their mortgage leverage.
The two included parking spaces are in a tandem configuration, which can be less convenient for multi-driver households compared to side-by-side spots.
Perched high up in the Monterey Hills area of Los Angeles, this condo has everything you’ve been looking for and more. Complete with 2 bedrooms and 2 full bathrooms, this unit features an expansive master suite with a huge walk-in closet and dual sink vanity. The kitchen was recently updated with shaker cabinets and granite countertops and features included appliances! Bathrooms were recently redone, fresh paint and new recessed lighting provides this home with so much neutral light. This home also comes with in-unit laundry for ultimate convenience. A spacious open floorplan, breezy balcony and cozy fireplace complete this home, ready for its next owner! 2 tandem parking spaces in the covered parking garage are included. Drake Terraces offers luscious landscaping, pickle ball courts and a pool and spa. Water and trash are included in your HOA dues, making this home a resort-like retreat! Monterey Hills is located in close proximity to Ernest Debs Regional Park, the USC Health Sciences Campus, Old Town Pasadena and Highland Park, downtown LA not to mention is easily accessible to all the major freeways. Come see it for yourself today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,120 | 1,219.385 |
| Lot Size | 176,679 | 27,236.074 |
| Price | $524.0K | $800.2K |
| Price per sq ft | $468 | $650 |
| Built year | 1981 | 1979 |
| HOA | $766.0 | $685 |
| Days on market | 12 | 72 |
Aug 28, 2026
$524,000
Initial Listing