
Los Angeles, California 90042
This Top-Floor Monterey Hills Residence is a Prime Investment Opportunity, listed at $518,000—positioned well below the $541,091 Fair Market Value by 4%. This valuation gap offers $23,091 in Instant Equity for the buyer. Maintaining a Move-in Ready Condition Rating, the home features architectural cathedral ceilings, skylights, and a private balcony with tree-top views. Located near DTLA and the USC Health Sciences Campus, this property combines resort-style amenities with strong financial upside. It is an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4295 Via Arbolada 312 Subject | $518,000* List Price | 2 | 2 | 1,044 | $518 | - |
A 4499 Via Marisol #124 Sold | $543,000 | 2 | 1 | 1,076 | $505 | 0.1 mi |
B 4280 Via Arbolada 201 Sold | $625,000 | 2 | 2 | 1,213 | $515 | 0.1 mi |
C 4589 Via Marisol 260 Sold | $550,000 | 2 | 1 | 1,015 | $542 | 0.1 mi |
D 3961 Via Marisol 233 Sold | $485,000 | 2 | 2 | 1,011 | $480 | 0.4 mi |
E 3961 Via Marisol 316 Sold | $569,000 | 2 | 2 | 1,011 | $563 | 0.4 mi |
F 4000 Via Marisol 208 Sold | $500,000 | 2 | 2 | 1,100 | $455 | 0.4 mi |
G 4260 Via Arbolada 330 Active | $585,000 List Price | 2 | 2 | 1,033 | $566 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This property is move-in ready and shows clear evidence of partial renovations. The kitchen has been updated with stainless steel appliances and stone countertops, and the bathrooms feature newer dark wood vanities with matching stone tops. The living areas have been upgraded with modern laminate flooring. While the 1982 build date is reflected in some dated architectural elements like the mirrored wall and fireplace tile, the overall maintenance is high, and the major interior components are functional and within their expected lifespan.
As a top-floor unit featuring cathedral ceilings, clerestory windows, and multiple skylights, the residence offers an airy, expansive atmosphere that maximizes natural illumination.
The floor plan provides excellent privacy by separating the two bedrooms, making it an ideal configuration for roommates, guests, or a dedicated home office.
The property is perfectly positioned for commuters, offering rapid access to Downtown Los Angeles, Old Town Pasadena, Highland Park, and the USC Health Sciences Campus.
The association fee of approximately $608 per month is relatively high for this price point, which may impact buyer affordability and debt-to-income ratios.
The galley-style kitchen design is less open than modern preferred layouts, potentially feeling restrictive for those who prioritize a social, open-concept cooking space.
Set within the desirable enclave of Monterey Hills, this updated top floor 2 bedroom, 2 bathroom residence in Austin Terrace offers a bright and airy living environment with thoughtful updates and architectural character throughout. Cathedral ceilings, clerestory windows, and abundant natural light create a sense of volume and openness, while laminate flooring provides a clean, modern finish. A beautifully tiled fireplace serves as a focal point in the living room, adding warmth and visual interest.The split bedroom layout offers functional separation and privacy. Skylights and expansive windows enhance the interior, bringing in natural light throughout the day. The living room opens to an oversized private balcony, providing an ideal space for outdoor seating and enjoyment.The galley style kitchen features a large skylight, along with a formal dining area and breakfast bar, offering flexibility for both everyday use and entertaining.Community amenities at Austin Terrace include a private pool, spa, and sundeck area with expansive views. HOA dues include earthquake insurance. Buyer to verify all HOA inclusions, rules, and amenities.Conveniently located near Downtown Los Angeles, Old Town Pasadena, Highland Park, and the Figueroa corridor, with access to dining, shopping, and entertainment. Additional nearby destinations include Paseo Colorado and the USC Health Sciences Campus.
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 | 1,044 | 1,076.5 | 47% |
| Lot Size | 135,251 | 176,404.703 | 47% |
| Price | $518.0K | $550.0K | 36% |
| Price per sq ft | $496 | $541 | 33% |
| Built year | 1982 | 1982 | 50% |
| HOA | $607.89 | $600 | 56% |
| Days on market | 26 | 182 | 6% |
Mar 27, 2026
$518,000
Initial Listing
Jul 5, 2017
$440,000
Public Record
Apr 16, 2007
$377,500
Public Record
Aug 27, 1998
$114,000
Public Record