Los Angeles CA - Surfwood Monterey Condo Update
Located in the Hermon area within the city of Los Angeles, Surfwood Monterey is a 92 unit condominium community. Built in 1989, the complex consists of single level condominiums with two bedrooms and two baths. Each condo has at least one fireplace and in-unit laundry connections with access to a patio or balcony through sliding glass doors from the living room and in some plans from one of the bedrooms. Upper level units feature high ceilings and clerestory windows.
The professionally managed Surfwood Monterey complex features a spacious lobby and two elevators and multiple courtyards. There is a pool, spa and fitness room. Parking is in the ground level secured parking area. The address of the complex is 6140 Monterey Road, Los Angeles 90042.
The highly convenient location in the Los Angeles zip code 90042 neighborhood of Hermon is adjacent to the city of South Pasadena and offers easy access to the Parkway Pasadena(110) as well as two Gold Line stations enhancing the commute to Downtown Los Angeles, USC Health Science Campus, Pasadena and the San Gabriel Valley. The Fresco Community Market is mere steps away from Surfwood Monterey.
According to our local multiple listing service(MLS) there are no properties in Surfwood Monterey currently on the market for sale. Two condos in the complex are in escrow and a short sale sold during the month of October 2012 closing at $223,000(list price $209,000). In October 2011, there was also just one sale - a bank owned condo closed at $170,199 in an all cash transaction.
Year-to-date 2012 reflects eight sales as of October 31, 2012 according to our local MLS. They range in price from $200,000 to $230,000 with an average closed price of $219,750(median $225,000). The average sales price per square foot is $203.97.
For the entire year 2011, there were five sales in Surfwood Monterey according to the mutliple listing service. The sales ranged in price from $170,199 to $262,000 with an average price of $212,840(median $210,000) and average sales price per square foot of $200.90.
If you would like more information regarding real estate in the Northeast Foothill areas within the city of Los Angeles including Hermon contact Michael Jacobs at 818.516.4393 cell or michaeljacobs@coldwellbanker.com.
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