
Los Angeles, California 90042
This Monterey Villas Condominium is a Strong Value Opportunity, listed at $699,000—positioned well below the $746,245 Fair Market Value by 6%. This valuation gap offers $47,245 in Instant Equity for the buyer. Featuring a Good Condition Rating, this corner unit offers a private, light-filled sanctuary with a City Lights view and a private deck. Its prime location near Highland Park’s cultural hubs makes this an ideal acquisition for Owner-Occupants seeking lifestyle convenience or first-time buyers looking for a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6221 Monterey Road 205 Subject | $699,000* List Price | 2 | 2 | 1,520 | $491 | - |
A 6221 Monterey Road 303 Sold | $725,000 | 2 | 2 | 1,470 | $493 | 0.0 mi |
B 5805 Monterey Rd Sold | $760,000 | 3 | 3 | 1,810 | $420 | 0.4 mi |
C 4200 Via Arbolada 120 Sold | $740,000 | 2 | 2 | 1,548 | $478 | 0.8 mi |
D 4499 Via Marisol 321 Sold | $570,000 | 2 | 2 | 1,139 | $500 | 0.7 mi |
E 6140 Monterey Sold | $575,000 | 2 | 2 | 1,003 | $573 | 0.1 mi |
F 4499 Via Marisol #124 Sold | $543,000 | 2 | 1 | 1,076 | $505 | 0.7 mi |
G 6140 Monterey Road 312 Active | $585,000 List Price | 2 | 2 | 1,064 | $550 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (17 years old), this property falls squarely into the Good category. The interior is well-maintained and move-in ready with functional, spa-inspired bathrooms and a kitchen featuring updated appliances and stone countertops. While the styling reflects its mid-2000s origin, the overall condition is excellent for its age with no immediate maintenance required.
As a corner residence with no shared walls, this unit offers a level of quiet and seclusion rarely found in multi-family living, complemented by abundant natural light.
The oversized primary suite features luxury amenities including a romantic fireplace, a spa-inspired en-suite with a soaking tub, and dual vanities, providing a high-end retreat.
Perfectly positioned near the cultural hubs of Highland Park and South Pasadena, the property offers immediate access to Ernest E. Debs Regional Park and trendy Figueroa Street dining.
The association fee of $756 per month is relatively high for this price point, which may impact the monthly carrying costs and overall affordability for some buyers.
Located on Monterey Road, a major local thoroughfare, residents may experience higher traffic volume and noise levels during peak commuting hours despite the unit being set back.
Rare two bedroom, two bathroom Monterey Villas corner unit condo in Highland Park! Wrapped in privacy and bathed in natural light, this rare corner residence feels worlds away from the city's energy yet remains moments from the cultural heartbeat of Highland Park, Hermon Park, South Pasadena, and Downtown Los Angeles. Inside, an airy open-concept layout unfolds with hardwood floors, thoughtfully updated appliances, and seamless indoor comfort enhanced by in-unit laundry and no shared walls. Set back from the street, the residence offers a sense of calm and seclusion. The primary suite is a true sanctuary: expansive and serene, with sunlight pouring across generous proportions, a romantic fireplace, abundant closet space, and a spa-inspired en-suite bath complete with dual vanities, a soaking tub, and separate shower. The secondary bedroom and bath create an ideal guest quarters, creative space, or refined work from home environment. Security and ease are elegantly integrated throughout the building, with gated entry, secure covered parking for two vehicles, guest parking within the structure, keypad-controlled garage access, and the exceptional addition of a private dedicated storage room. Beyond the residence, the surrounding neighborhood offers a distinctly Northeast Los Angeles lifestyle- morning hikes through Ernest E. Debs Regional Park, afternoons at the nearby tennis courts of Hermon Park, and evenings spent along Figueroa Street enjoying beloved local destinations like Hermon's, Triple Beam Pizza and Checker Hall. A rare offering that balances architectural warmth, everyday functionality, and effortless access to one of Los Angeles' most dynamic neighborhoods.
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 | 1,520 | 1,101 | 88% |
| Lot Size | 30,243 | 120,845 | 46% |
| Price | $699.0K | $559.5K | 77% |
| Price per sq ft | $460 | $509 | 23% |
| Built year | 2007 | 1982 | 92% |
| HOA | $756.0 | $613 | 81% |
| Days on market | 33 | 210 | 8% |
May 14, 2026
$699,000
Initial Listing
Apr 28, 2020
$615,000
Public Record
Jan 14, 2014
$440,000
Public Record
Mar 25, 2010
$435,000
Public Record