Listed by: Artin Sarkissian, The Art In Real Estate
$465,000
●
Condo -
Off Market
1935 Alpha Road #209
Glendale, CA 91208
1 Bed
1 Bath
689 Ft²
$2,794
Est. Monthly
$510
HOA / Fees
4.59%
Cap Rate
About This Property
Located In The Desirable Verdugo Woodlands Neighborhood * Alpha
Terrace Complex * 1 Bedroom / 1 Bathroom * 689sqft * 1969 Built *
First Floor * Bright * Open Floor Plan * Laminate Floors * Recessed
Lighting * Crown Moldings * Private Patio With Mountain Views *
Large Bedroom * Custom Built Closet * Community Pool/Spa & Sauna *
15 Guest Parking Spaces * 1 Car Assigned Parking * 3 Community
Laundry Rooms * Building Does Have An Elevator * $435/m HOA * Unit
Can Come Tenant Occupied If A Buyer Is Buying It For An Investment
With A Rent Amount Of $2,500/m Or Can Come Vacant - Ask Listing
Agent For Details
Unit Size
689 Ft²
Days on Market
47 days
Land Size
5.03 acres
Price per sqft
$675
Property Type
Condo
Property Taxes
-
HOA Dues
$510
Year Built
-
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Monthly Rental Income
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (CRMLS #GD24130869)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | Listed by The Art In Real Estate | $465,000 | |
| Listed by The Art In Real Estate | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Carport
Garage Spaces: 1
Garage Spaces: 1
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 1
Bedrooms on Main Level: 1
Full Bathrooms: 1
Bathrooms on Main Level: 1
Levels: One
Appliances: Dishwasher, Electric Range, Disposal
Flooring Type: Laminate
Living Area Square Feet Source: Assessor
Laundry Features: Common Area
None
Exterior Details
Property Condition: Turnkey
Year Built: 1969
Parcel Number: 5654002049
Home Type: Residential
Structure Type: MultiFamily
Outdoor Living Structures: Patio
Spa Features: Association, Community
Pool Features: Association, Community
Lot Size Source: Assessor
Lot Size Acres: 5.0321
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
Association Amenities: Fire Pit, Barbecue, Sauna, Spa Hot Tub
Association Fee: $435
Association Fee Frequency: Monthly
Association Fee2: $75
Association Fee2 Frequency: Monthly
Community Features: Foothills, Hiking, Sidewalks, Pool
High School District: Glendale Unified
Directions: See Map
Other Details
Listing Terms: Cash, CashtoExistingLoan
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/02/2026
|
2 Bed
|
2 Bath
|
1233 ft²
|
$599,000
2 Bed
2 Bath
1233 ft²
|
-
-
|
Elvin Apelian
Equity Union
| |
|
05/27/2026
|
1 Bed
|
1 Bath
|
689 ft²
|
$489,900
1 Bed
1 Bath
689 ft²
|
$470,000
-4.06%
06/30/2026
|
Peter Yacoob
Vantage View Realty, Inc.
| |
|
05/07/2026
|
2 Bed
|
2 Bath
|
1233 ft²
|
$629,000
2 Bed
2 Bath
1233 ft²
|
$635,000
+0.95%
06/18/2026
|
Massis Tarbinian
MetroCapital Realty Group
| |
|
03/31/2026
|
2 Bed
|
2 Bath
|
1233 ft²
|
$619,800
2 Bed
2 Bath
1233 ft²
|
$585,000
-5.61%
09/04/2026
|
Vartan Vasghanian
Re/Max Tri-City Realty
| |
|
08/20/2025
|
3 Bed
|
2 Bath
|
1411 ft²
|
$799,000
3 Bed
2 Bath
1411 ft²
|
$785,000
-1.75%
12/22/2025
|
Steve Hovakimyan
City Center Realty Group
| |
|
05/28/2025
|
2 Bed
|
2 Bath
|
1233 ft²
|
$600,000
2 Bed
2 Bath
1233 ft²
|
$635,000
+5.83%
07/08/2025
|
Piere Pirnejad
eXp Realty of California Inc
| |
|
01/23/2025
|
1 Bed
|
1 Bath
|
689 ft²
|
$495,000
1 Bed
1 Bath
689 ft²
|
$495,000
03/21/2025
|
Albert Hairapetian
Arbitrage Real Estate Group
| |
|
09/14/2024
|
2 Bed
|
2 Bath
|
1233 ft²
|
$619,800
2 Bed
2 Bath
1233 ft²
|
$619,800
11/20/2024
|
Vartan Vasghanian
Re/Max Tri-City Realty
| |
|
06/26/2024
|
1 Bed
|
1 Bath
|
689 ft²
|
$465,000
1 Bed
1 Bath
689 ft²
|
$465,000
08/12/2024
|
Artin Sarkissian
The Art In Real Estate
| |
|
02/17/2024
|
1 Bed
|
1 Bath
|
689 ft²
|
$535,000
1 Bed
1 Bath
689 ft²
|
-
-
|
Jonathan Minerick
Homecoin.com
| |
|
04/24/2023
|
2 Bed
|
2 Bath
|
1233 ft²
|
$649,000
2 Bed
2 Bath
1233 ft²
|
-
-
|
Alin Glogovicean
Redfin Corporation
| |
|
05/04/2023
|
2 Bed
|
1 Bath
|
1233 ft²
|
$634,999
2 Bed
1 Bath
1233 ft²
|
$650,000
+2.36%
09/01/2023
|
Aram Gaboudian
Keller Williams Los Angeles
| |
|
01/19/2023
|
1 Bed
|
1 Bath
|
689 ft²
|
$399,999
1 Bed
1 Bath
689 ft²
|
$425,000
+6.25%
02/23/2023
|
Bruno Zanotti
Management Systems, Corporation
| |
|
09/26/2022
|
1 Bed
|
1 Bath
|
689 ft²
|
$469,000
1 Bed
1 Bath
689 ft²
|
-
-
|
Michael Zargarian
NextHome Grandview
| |
|
02/23/2022
|
1 Bed
|
1 Bath
|
689 ft²
|
$469,000
1 Bed
1 Bath
689 ft²
|
-
-
|
Ramona Nazarimasihi
Rodeo Realty
| |
|
02/21/2022
|
1 Bed
|
1 Bath
|
689 ft²
|
$375,000
1 Bed
1 Bath
689 ft²
|
-
-
|
Sherry Rich
KW Advisors
| |
|
03/31/2021
|
1 Bed
|
1 Bath
|
689 ft²
|
$414,950
1 Bed
1 Bath
689 ft²
|
$415,000
+0.01%
05/24/2021
|
Janet Saffari
| |
|
12/03/2020
|
3 Bed
|
2 Bath
|
1437 ft²
|
$645,000
3 Bed
2 Bath
1437 ft²
|
-
-
|
-
| |
|
11/23/2020
|
2 Bed
|
2 Bath
|
1233 ft²
|
$539,888
2 Bed
2 Bath
1233 ft²
|
-
-
|
Berge Bruce Berberian
Keller Williams - Glendale
| |
|
10/11/2020
|
1 Bed
|
1 Bath
|
689 ft²
|
$395,000
1 Bed
1 Bath
689 ft²
|
$400,000
+1.27%
12/16/2020
|
Armine Attipa
| |
|
08/30/2020
|
2 Bed
|
-
|
1233 ft²
|
$535,000
2 Bed
-
1233 ft²
|
$575,000
+7.48%
10/23/2020
|
Hovik Avanessian
Remax Optima
| |
|
08/15/2020
|
1 Bed
|
1 Bath
|
689 ft²
|
$400,000
1 Bed
1 Bath
689 ft²
|
-
-
|
-
| |
|
07/29/2020
|
1 Bed
|
1 Bath
|
689 ft²
|
$380,000
1 Bed
1 Bath
689 ft²
|
-
-
|
-
| |
|
02/25/2020
|
1 Bed
|
1 Bath
|
689 ft²
|
$389,900
1 Bed
1 Bath
689 ft²
|
$374,000
-4.08%
06/01/2020
|
Eric Delgado
| |
|
12/02/2019
|
2 Bed
|
2 Bath
|
1233 ft²
|
$524,900
2 Bed
2 Bath
1233 ft²
|
$530,000
+0.97%
02/14/2020
|
Edwin Ordubegian
Coldwell Banker Hallmark Realty
| |
|
07/30/2019
|
2 Bed
|
2 Bath
|
1233 ft²
|
$530,000
2 Bed
2 Bath
1233 ft²
|
$520,000
-1.89%
10/25/2019
|
Daniel Shalvardzhyan
Compass
| |
|
06/13/2019
|
1 Bed
|
1 Bath
|
689 ft²
|
$430,000
1 Bed
1 Bath
689 ft²
|
-
-
|
-
| |
|
06/13/2019
| |
1 Bed
|
1 Bath
|
689 ft²
|
$430,000
1 Bed
1 Bath
689 ft²
|
-
-
|
Grace F Miranda
Keller Williams - Burbank
|
|
11/05/2018
|
1 Bed
|
1 Bath
|
689 ft²
|
$349,000
1 Bed
1 Bath
689 ft²
|
-
-
|
-
| |
|
06/11/2018
| |
1 Bed
|
1 Bath
|
689 ft²
|
-
1 Bed
1 Bath
689 ft²
|
-
-
|
-
|
|
02/02/2018
|
2 Bed
|
2 Bath
|
1233 ft²
|
$489,000
2 Bed
2 Bath
1233 ft²
|
$486,000
-0.61%
03/07/2018
|
Aram Ambartsumyan
Real Estate Heaven
| |
|
07/08/2017
| |
2 Bed
|
2 Bath
|
1233 ft²
|
-
2 Bed
2 Bath
1233 ft²
|
-
-
|
-
|
|
07/05/2017
|
2 Bed
|
1 Bath
|
1233 ft²
|
$449,000
2 Bed
1 Bath
1233 ft²
|
$449,000
08/17/2017
|
Ralph Suarez
Dilbeck Real Estate
| |
|
06/22/2017
|
2 Bed
|
2 Bath
|
1233 ft²
|
$457,250
2 Bed
2 Bath
1233 ft²
|
$435,000
-4.87%
09/18/2017
|
Robert Roberto
Harcourts Hunter Mason Realty
| |
|
10/26/2015
|
1 Bed
|
1 Bath
|
689 ft²
|
$279,900
1 Bed
1 Bath
689 ft²
|
$277,000
-1.04%
01/15/2016
|
Vartan Markarian
Markarian Realty
|
Building Info
About Verdugo Woodlands
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Listed by: Artin Sarkissian, The Art In Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# GD24130869
Last Updated: 3 years ago
Data Source: CRMLS, MLS# GD24130869
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