The Vipers: Outta The Nest! (1984)
Opener "Nothing's From Today" nails that balance, sounding like something you'd find on a compilation of obscure off-label psychedelic singles, yet with a jangly shimmer that fit in with the 80s college radio vibe. "Now I Remember" ups the proto-punk gnarl a bit without losing the pop hooks. A few songs, like "Tellin' Those Lies" and the Byrdsy "Tears (Only Dry)" sound more like pre-Murmur R.E.M. covering some overlooked Nuggets tunes; elsewhere, you've got frenetically upbeat party songs, like the Troggs-like "We're Outta Here" and buzzsaw Sonics raver "Ain't Nothin' Like Her."
The ringer here is a faithful cover of the Standells' "Medication," with its hypnotic organ drone and bass riff; and, sure, it's a fail-safe garage rock classic, and they have the good sense not to fuck around with it other than to give it a (slightly) updated sound, but it's still a stunner.
Unfortunately, the album doesn't stream online, and while it was briefly re-released on CD with a ton of bonus tracks, it's out of print and tough to track down.
But here's a vinyl rip of the original LP on YouTube: