1935 Alpha Road #323
About This Property
The manager has listed the unit size as 689 square feet.
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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%.
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 |
|---|---|---|---|
| Sep 10, 2026 | Listed | $489,000 | |
| Listed | |||
| |||
|
In the scenic Verdugo Woodlands, this sunny condo feels tucked away in nature, set within a serene gated community on a private cul-de-sac. The upper-level unit is open concept, filled with sunlight streaming through the glass sliders, and enjoying a lovely cross breeze from the balcony overlooking treetops. The petite kitchen is finished with whimsical wallpaper and a convenient breakfast bar.The bedroom is airy and bright, with a built-in closet. Amenities include covered parking, multiple visitor spots, and community pool and laundry. The area is known for its small-town charm and good schools, putting you minutes from downtown Montrose, with its fantastic farmers market, great restaurants, a Trader Joe's, and Glendale Community College's stellar pottery program. Descanso Gardens, miles of hiking trails, and a nearby dog park are a short drive away, along with the Americana for movies and cocktails, and Kenneth Village for ice cream and shaved ice. The 2 freeway makes for an easy commute to DTLA and the studios.
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| Apr 22, 2021 | No longer available | - | |
| No longer available | |||
| Mar 31, 2021 | Listed | $414,950 | |
| Listed | |||
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