4209 Via Arbolada 234, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 2 bath
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Los Angeles, California 90042
This Rare 3-Bedroom Monterey Hills Condo represents a stable entry into a sought-after community, listed at $645,000—closely aligned with its $635,800 Fair Market Value. Holding a Condition Rating of 4, the 1,260 sq. ft. residence is well-maintained yet offers a clear path for forced appreciation through cosmetic modernization of its original finishes. The unit features hillside views, a fireplace, and resort-style amenities including a pool, spa, and racquet courts. Located minutes from Keck Hospital of USC and DTLA, it balances lifestyle with strategic location. This is an exceptional find for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4209 Via Arbolada 234 Subject | $645,000* List Price | 3 | 2 | 1,260 | $505 | - |
A 4080 Via Marisol 127 Sold | $545,000 | 3 | 2 | 1,495 | $365 | 0.2 mi |
B 3961 Via Marisol 233 Sold | $485,000 | 2 | 2 | 1,011 | $480 | 0.1 mi |
C 792 Portola Sold | $615,000 | 3 | 2 | 1,429 | $430 | 0.4 mi |
D 4040 Via Marisol 120 Sold | $500,000 | 2 | 2 | 1,100 | $455 | 0.2 mi |
E 4280 Via Arbolada 219 Sold | $571,000 | 2 | 2 | 1,207 | $473 | 0.2 mi |
F 3961 Via Marisol 316 Sold | $569,000 | 2 | 2 | 1,011 | $563 | 0.1 mi |
G 4210 Via Arbolada 220 Active | $650,000 List Price | 2 | 2 | 1,219 | $533 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, this 43-year-old property is well-maintained but dated. While it features fresh paint and new faucets, the kitchen retains older oak-style cabinetry and dated tile countertops. The bathrooms show only partial cosmetic updates, and the overall systems and finishes appear to be over 20 years old, requiring modernization to meet current market standards.
A 3-bedroom unit is a rare find in Monterey Hills, offering significant versatility for a home office, guest room, or a growing family at a competitive price point.
The property boasts an excellent location with convenient access to Downtown LA, Keck Hospital of USC, and the vibrant neighborhoods of Pasadena and Highland Park.
Residents benefit from a resort-style living experience including a pool, spa, racquet courts, and scenic walking paths within the Drake Terrace complex.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =176732, other record lot size in square feet = 176679.
The monthly association fee of $867 is relatively high, which significantly increases the total monthly carrying cost and may impact buyer affordability.
The two assigned parking spaces are in a tandem configuration, which can be a daily logistical challenge for households with multiple active drivers.
Rare 3-bedroom Monterey Hills condo with a view! Enter this light-filled Drake Terrace unit to find a spacious dining area and living room with fireplace, bar area, and sliding door out to a balcony with hilltop views and storage closet. A galley kitchen provides space for a little breakfast nook and includes in-unit laundry hook-ups. The primary suite includes a large walk-in closet, shower and bathtub, separate vanity area, and sliding door out to the balcony where you can enjoy views of nature and the hillside. Another bedroom also offers a large window with hillside views and a full bath that can be closed off as another private suite. A third bedroom can also be used as an office or den and provides a closet to accommodate guests or additional occupants. Newly painted throughout with new faucet fixtures in kitchen and bathroom sinks. Two assigned tandem gated parking spots with elevator to 2nd level. HOA amenities include pool and spa, racquet courts and walking paths. Excellent location, convenient to Downtown LA, Keck Hospital of USC, Dodger Stadium, the Rose Bowl, Old Town Pasadena and South Pasadena, the Foothill Gold Line, Highland Park and so much more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 83% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,260 | 1,077 | 80% |
| Lot Size | 176,732 | 176,732 | 50% |
| Price | $645.0K | $550.0K | 74% |
| Price per sq ft | $512 | $540 | 46% |
| Built year | 1981 | 1982 | 46% |
| HOA | $867.0 | $603 | 94% |
| Days on market | 4 | 192 | 6% |
Apr 30, 2026
$645,000
Initial Listing
Nov 18, 2011
$265,000
Public Record
May 25, 2007
$450,000
Public Record
Aug 14, 1997
$98,000
Public Record