1881 Alpha Road #8
About This Property
Nestled in the peaceful hills of the highly desirable Verdugo Woodlands and Sparr Heights neighborhood, this beautifully updated townhouse offers 1,346 sq. ft. of bright and modern living space. Featuring 2 spacious bedrooms and 3 bathrooms, this home is move-in ready and filled with natural light.
The inviting living room includes a cozy fireplace, large dining area, updated kitchen with white shaker cabinets, white marble quartz countertops, and stainless-steel finishes with a window overlooking the mountains and greenery. The primary suite offers cathedral ceiling, its own mini-balcony, ample closet space, and a newly updated bathroom with elegant quartz countertops and tiled shower. 2nd bedroom also with high ceiling, huge closet space and a balcony.
Additional highlights include newer light wood laminate flooring, recessed lighting, all new widows, central air & heat, and a 2-car attached garage with direct access, and a huge storage room/laundry area. complex also has a pool.
Conveniently located near Glorietta Park, Montrose Village, shopping, dining, cafes, and entertainment options. Offers easy access to the 134, 210, and 2 freeways, providing a short drive to Downtown Los Angeles or the San Fernando Valley.
The well-maintained complex features only 18 total units across 5 buildings, provides a peaceful, nature-inspired setting close to city conveniences.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 22, 2026 | Sold | ||
| Sold | |||
| Dec 18, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2025 | Listed by Remax Optima | $849,000 | |
| Listed by Remax Optima | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/27/2026
|
2 Bed
|
3 Bath
|
1346 ft²
|
$849,000
2 Bed
3 Bath
1346 ft²
|
$840,000
-1.06%
04/06/2026
|
Miganoush Barfian Namagerdi
Coldwell Banker Hallmark
| |
|
12/04/2025
|
2 Bed
|
3 Bath
|
1346 ft²
|
$849,000
2 Bed
3 Bath
1346 ft²
|
$850,000
+0.12%
01/22/2026
|
Val Hacopian
Remax Optima
| |
|
12/19/2024
|
3 Bed
|
3 Bath
|
1649 ft²
|
$949,999
3 Bed
3 Bath
1649 ft²
|
$950,000
+0.00%
02/07/2025
|
Vartan Markarian
Markarian Realty
| |
|
11/04/2019
|
2 Bed
|
1 Bath
|
1346 ft²
|
$619,000
2 Bed
1 Bath
1346 ft²
|
$628,500
+1.53%
12/16/2019
|
Ieva Massehian
Berkshire Hathaway Home Servic
| |
|
09/05/2019
|
2 Bed
|
1 Bath
|
1346 ft²
|
$598,000
2 Bed
1 Bath
1346 ft²
|
$617,000
+3.18%
10/16/2019
|
Ieva Massehian
Berkshire Hathaway Home Servic
| |
|
03/11/2019
|
3 Bed
|
2 Bath
|
1649 ft²
|
$699,000
3 Bed
2 Bath
1649 ft²
|
$705,000
+0.86%
05/03/2019
|
Ieva Massehian
Berkshire Hathaway Home Servic
| |
|
01/18/2019
|
2 Bed
|
3 Bath
|
1346 ft²
|
$525,000
2 Bed
3 Bath
1346 ft²
|
-
-
|
-
| |
|
06/19/2018
|
3 Bed
|
2 Bath
|
1649 ft²
|
$649,000
3 Bed
2 Bath
1649 ft²
|
$657,000
+1.23%
08/07/2018
|
Ieva Massehian
Berkshire Hathaway Home Servic
| |
|
07/08/2017
| |
3 Bed
|
2.5 Bath
|
1649 ft²
|
-
3 Bed
2.5 Bath
1649 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017