124 W Colorado Street 501
Glendale, CA, 91204
$2,055,000
MLS: P1-25585
Beds
4
Baths
3
Sq Ft
2,108
Lot
0.50 ac
Year Built
2017
MLS #
P1-25585
Days on Market
30
Listed
Jan 25, 2026
Description
Rare opportunity to own a two story Penthouse with magnificent views and premier downtown Glendale location directly across the street from the iconic Americana at Brand. Suite #501 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 501 has 4 bedrooms, 3 bathrooms, 3 parking spaces, and is one of the only 4 bedroom floorplan among the11 penthouses, offering elevated two-story living with sweeping panoramic vistas. 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 ample guest spaces, a secure package room, and front desk. Perfectly situated in one of Southern California's most vibrant destinations, Verdara provides immediate access to premier shopping, dining, and 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 include showcasing a variety of the interiors of the residences with various floorplans in the Verdara.
Location
Glendale, Los Angeles County, CA 91204
Open on Google Maps ↗Listed by: Silva Hameline · Hameline Global
Payment estimate
$14,575
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $205,500 · Loan: $1,849,500
- Principal & Interest
- $11,364
- Property tax (1.25%)
- $2,141
- Homeowners insurance
- $300
- Mortgage insurance
- $771
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Glendale home with as little as 3.5% down using an FHA loan — roughly $71,925 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Glendale, CA 91204 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.