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124 West Colorado Street, 509, Glendale, CA 91204

$937K2bd · 2ba · 1,150 sqft
Lot 21,885 sqft•HOA $739.71/mo•Condominium•
Active
•165d on market•MLS# P1-26898

Property Description

Discover an exceptional living experience in this unique two-story Penthouse with views in premier downtown Glendale location directly across the street from the iconic Americana at Brand. Suite #509 is one of the 11 Penthouses featured in the phase One Release of the Verdara subdivision, originally built in 2017. Verdara, a collection of luxury boutique residences inspired by the European lifestyle, spanning street to street, this five-story condominium community offers an array of 1-, 2-, 3-, and 4-bedroom floorplans. A stylish Parisian-inspired lobby welcomes you with classic marble floors, timeless wainscoting, and a prestigious front desk, setting the tone for refined city living. Verdara features 50 thoughtfully curated residences, each designed with modern open-plan layouts, soaring ceilings, oversized windows, and an abundance of natural light. Residence 509 features high ceilings, one bedroom on main floor and a lofted 2nd bedroom. Living room has high ceilings, fireplace, and a balcony. Fully equipped kitchen, walk in closet, inside the unit laundry, and one car parking space, plus storage. Select first-floor homes include private patios with convenient access to the lobby, fitness center, and resident lounge, while private balconies extend living spaces into the energy of the city beyond Verdara's tranquil grounds. Residents enjoy exceptional amenities, including the exclusive indoor/outdoor Resident's Lounge, surrounded by lush greenery and complete with a full kitchen, long bar, and modern fireplace--ideal for entertaining or relaxing evenings. The private fitness center is fully equipped for both cardio and strength training. Additional conveniences include gated subterranean parking with guest spaces, a package room, and front desk. Perfectly situated in one of Southern California's most vibrant destinations, Verdara provides immediate access to premier shopping, dining, art & culture--directly across from Nordstrom at The Americana at Brand--with effortless connectivity to the I-5, the 134, Downtown LA, and the best of LA. Additional floorplans available starting price ranges $655,000 to $2,055,000.00. The MLS photos for this listing showcase a variety of the interiors of the residences with various floorplans in the Verdara. They do not reflect the interior images of Penthouse 509.

Features & Amenities

FeeBuilt 2017

Property Details

Land Type
Fee
Year Built
2017
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
City Lights
Flooring
See Remarks
City
Glendale
Zip Code
91204
County
Los Angeles
Listed byHameline Global, Silva Hameline

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,737.98
Principal & Interest
Loan Amount
$749,600
Total Interest
$956,073
Total Payment Over 30 Years
$1,705,673
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

124 West Colorado Street, 509, Glendale, CA 91204

Glendale · Condominium

$937K
Affordable Tier
Beds
2
Baths
2
Sqft
1,150
Lot
21,885 sqft
Year
2017
$/Sqft
$815
Pool: No✓
Spa: No✓
View: city✓
Garage: 1-car✓

Listed 47.6% above the median closed sale of $635,000. Price per sqft ($815) is a 18% premium to closed comps ($689). Closed comps sold at 94% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $937K· $815/sqft
Total list price
Closed comps
vs closed median $635K
+$302K (+47.6%)
Active comps
vs active median $600K
+$337K (+56.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $612
+$203 (+33.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
333 Burchett StreetGlendale1975221,01924,544$539$549,000583
620 Kenwood StreetGlendale1974221,05431,299$569$600,0001081
124 Colorado StreetGlendale20171186521,885$757$655,0007080
460 SalemGlendale1982221,04520,798$636$665,0006180
116 MapleGlendale19922398226,114$558$548,0003079
Total: 5 · Average1.82.099324,928$611.8$603,40035.2
Median1,019$600,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
356 California AvenueGlendale198208/10/2026221,21521,039$665,000$625,000$5140.947685
124 Colorado StreetGlendale201709/23/20261186521,885$695,000$635,000$7340.9122284
472 CarusoGlendale200808/28/2026221,3611,799$1.30M$1.25M$9180.9614382
1231 ColumbusGlendale195708/28/2026221,22229,446$579,900$560,000$4580.976881
1155 Brand BoulevardGlendale196408/25/2026221,16615,058$1.05M$960,000$8230.914181
Total: 5 · Average1.81.81,165.817,845.4$806,000$806,000$689.4—110
Median1,215$635,000$635,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.