
Los Angeles, California 90042
This Condominium presents a High-Potential Investment Opportunity with a List Price of $535,000—positioned well below the $539,192 Fair Market Value by 0.78%. This valuation gap offers $4,192 in Instant Equity for buyers. With a Condition Rating of 4, the unit requires modernization, offering a blank canvas to personalize the interior. Featuring a split floor plan, in-unit laundry, and community pool/spa, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add property in a central Monterey Hills location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4210 Via Arbolada 220 Subject 2 bd · 2 ba · 1,219 sqft · $439 | $535,000* List Price | 2 | 2 | 1,219 | $439 | - |
A 4209 Via Arbolada 234 Sold 3 bd · 2 ba · 1,260 sqft · $437 · 0.1 mi | $550,000 | 3 | 2 | 1,260 | $437 | 0.1 mi |
B 4041 Via Marisol 113 Sold 2 bd · 2 ba · 1,102 sqft · $499 · 0.1 mi | $550,000 | 2 | 2 | 1,102 | $499 | 0.1 mi |
C 4260 Via Arbolada 205 Sold 2 bd · 2 ba · 990 sqft · $551 · 0.1 mi | $545,000 | 2 | 2 | 990 | $551 | 0.1 mi |
D 4589 Via Marisol 267 Sold 2 bd · 2 ba · 1,038 sqft · $511 · 0.3 mi | $530,000 | 2 | 2 | 1,038 | $511 | 0.3 mi |
E 898 Temple Terrace 315 Sold 2 bd · 2 ba · 977 sqft · $552 · 0.5 mi | $539,000 | 2 | 2 | 977 | $552 | 0.5 mi |
F 4499 Via Marisol 240 Sold 2 bd · 2 ba · 1,038 sqft · $434 · 0.3 mi | $450,000 | 2 | 2 | 1,038 | $434 | 0.3 mi |
G 4499 Via Marisol 321 Sold 2 bd · 2 ba · 1,139 sqft · $500 · 0.3 mi | $570,000 | 2 | 2 | 1,139 | $500 | 0.3 mi |
H 149 S Avenue 54 13 Sold 2 bd · 3 ba · 1,091 sqft · $428 · 0.9 mi | $467,000 | 2 | 3 | 1,091 | $428 | 0.9 mi |
I 4295 Via Arbolada 312 Active 2 bd · 2 ba · 1,044 sqft · $477 · 0.2 mi | $498,000 List Price | 2 | 2 | 1,044 | $477 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984 (40 years old), the property is dated and appears to retain most original features, including oak cabinetry, laminate countertops, and popcorn ceilings. While functional and move-in ready, the listing explicitly highlights the 'opportunity to update,' and the kitchen/baths require modernization to meet current market standards.
The thoughtfully designed layout places bedrooms on opposite sides of the unit, providing maximum privacy for roommates, guests, or a home office setup.
The inclusion of side-by-side in-unit laundry and two assigned parking spaces, along with community pool and spa access, offers significant convenience and value.
Situated in peaceful Monterey Hills, the property provides easy access to Highland Park, South Pasadena, and Downtown LA, making it ideal for urban commuters.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =226183, other record lot size in square feet = 226116.
Marketed as an opportunity to personalize, the unit likely requires a significant capital investment to update dated 1980s finishes and fixtures.
At nearly $600 per month, the association fee adds a substantial recurring cost that may impact the overall affordability and debt-to-income ratio for buyers.
Spacious 2-bedroom, 2-bath condo in Monterey Hills offering approximately 1,219 square feet and an opportunity to update and personalize to your own style. Located in the Catalina Terrace community, this well-designed home features a split-bedroom floor plan, generous living room with fireplace, private balcony, dining area, and separate kitchen dining space. The kitchen and bathrooms are ready for a fresh vision, making this an appealing option for buyers who prefer to create their own finishes rather than pay a premium for someone else's remodel. Additional highlights include side-by-side in-unit laundry, two assigned parking spaces, pool and spa, recreation room, elevator access, and convenient access to Highland Park, South Pasadena, Downtown Los Angeles, Old Pasadena, and USC Health Sciences.
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 | 1,219 | 1,252.996 |
| Lot Size | 226,183 | 26,029.603 |
| Price | $535.0K | $778.5K |
| Price per sq ft | $439 | $629 |
| Built year | 1984 | 1981 |
| HOA | $598.82 | $676 |
| Days on market | 61 | 74 |
Sep 9, 2026
$535,000
Initial Listing