
Los Angeles, California 90042
This Condominium represents a Strong Value Opportunity, listed at $518,000—positioned slightly above the $508,026 Fair Market Value. While the property requires cosmetic updates to modernize the kitchen and baths, its Fair Condition Rating is balanced by architectural volume, including cathedral ceilings and skylights. The split-bedroom layout and private balcony with tree/wood views offer significant lifestyle appeal. Located near major employment hubs, this residence is an ideal acquisition for first-time buyers or Owner-Occupants seeking a well-located, customizable home in Monterey Hills.
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 | $487 | - |
A 4499 Via Marisol 321 Sold | $570,000 | 2 | 2 | 1,139 | $500 | 0.1 mi |
B 3961 Via Marisol 233 Sold | $485,000 | 2 | 2 | 1,011 | $480 | 0.4 mi |
C 4040 Via Marisol 120 Sold | $500,000 | 2 | 2 | 1,100 | $455 | 0.4 mi |
D 3961 Via Marisol 316 Sold | $569,000 | 2 | 2 | 1,011 | $563 | 0.4 mi |
E 4499 Via Marisol #124 Sold | $543,000 | 2 | 1 | 1,076 | $505 | 0.1 mi |
F 4049 Via Marisol Sold | $440,000 | 2 | 2 | 1,102 | $399 | 0.3 mi |
G 898 Temple Terrace 315 Active | $539,000 List Price | 2 | 2 | 977 | $552 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1982 (>20 years old) and maintains much of its original architectural character. While it is move-in ready with functional stainless steel appliances and newer laminate flooring, the kitchen cabinetry, countertops, and mirrored walls are dated. Per the criteria, it is classified as Fair because it requires cosmetic updates to modernize the kitchen and baths.
As a top-floor unit featuring cathedral ceilings, clerestory windows, and multiple skylights, the residence offers a bright, airy atmosphere and a sense of spaciousness that exceeds its actual square footage.
The floor plan provides excellent privacy with bedrooms separated by the main living area, making it an ideal configuration for roommates, guests, or a dedicated home office.
Situated in the serene Monterey Hills enclave, the property offers exceptional proximity to major hubs including Downtown LA, Old Town Pasadena, Highland Park, and the USC Health Sciences Campus.
The monthly HOA fee of $607.89 is relatively high for this price point, which may impact overall affordability and the buyer's debt-to-income ratio.
The galley-style kitchen configuration can feel narrow and lacks the open-concept flow to the living area that many modern buyers prioritize for entertaining.
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 | 1,088.5 | 42% |
| Lot Size | 135,251 | 151,683 | 50% |
| Price | $518.0K | $550.0K | 35% |
| Price per sq ft | $496 | $509 | 38% |
| Built year | 1982 | 1982 | 50% |
| HOA | $607.89 | $605 | 50% |
| Days on market | 11 | 209 | 8% |
Jun 4, 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