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1935 Alpha Road #314
About This Property
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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%.
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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 |
|---|---|---|---|
| Sep 2, 2026 | Listed by Equity Union | $599,000 | |
| Listed by Equity Union | |||
| |||
|
Welcome to Alpha Terrace Gardens! This beautiful, updated and freshly painted condo offers 2 bedrooms, 2 bathrooms, and 1,233 square feet of living space, located on a quiet street in the desirable Verdugo Woodlands neighborhood of Glendale, surrounded by mature trees. Inside, beautiful flooring flows throughout the spacious living and dining areas, creating an ideal setting for everyday living and entertaining. The updated kitchen features cabinetry, quartz countertops, stainless-steel appliances, and a breakfast bar. Both bathrooms have also been updated. The bedrooms are bright with natural light and feature large mirrored closets. The spacious primary bedroom includes a large double closet and an en-suite bathroom. Relax and enjoy beautiful mountain views from the private balcony, while large windows overlook the pool and lush greenbelts. The secure building offers gated access, an elevator, community laundry, a pool and spa, recreation room, and guest parking. Ground-level parking and storage space are also included with this condo. Located near Downtown Montrose, shops, cafés, restaurants, a theater, farmers market, Glorietta Park, Oakmont Country Club, Glendale Community College, and more, with convenient access to the 2 and 134 freeways. A wonderful opportunity to call Alpha Terrace Gardens home!
| |||
| Feb 14, 2020 | Sold | ||
| Sold | |||
| Dec 2, 2019 | Listed by Coldwell Banker Hallmark | $524,900 | |
| Listed by Coldwell Banker Hallmark | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017