1 month on rocket

1040 Montecito, Los Angeles, CA, 90031

$350,000

0.17 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
ViewNeighborhood
MLS #CV24027323
Lot Size0.17 Acres
StatusActive

About 1040 Montecito

***ALL PERMITS (Including B Permit) RTI*** Welcome to 1040 Montecito Heights, where your dream of building your perfect home with breathtaking views of Los Angeles becomes a reality. This pristine corner lot has plans ready for construction, an unparalleled opportunity to create your custom oasis in one of the city's most coveted locations. Perched high atop Montecito Heights, this property boasts an awe-inspiring panorama that stretches across the sprawling expanse of Los Angeles, showcasing iconic landmarks such as the renowned Hollywood Sign and Griffith Park Observatory. Imagine waking up to the glittering city skyline, with the Hollywood Hills as your backdrop, and relishing in the serene beauty of the surrounding landscape. With plans already in place, you can seamlessly bring your vision to life, whether it's a contemporary masterpiece, a charming retreat, or anything in between.

Property Details

Property Features

Listing Office:

  • Office Name: WORK REALTY ADVISORS
  • Office Phone: 909.908.5859
  • Listing Agent: Nicholas Alvarez

Exterior Features

Exterior Information:

  • View: Neighborhood

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.17 Acres

School Info

Assigned Schools Information:

  • Abraham Lincoln Senior High School, Public Magnet Grades 9-12
  • Woodrow Wilson Senior High School, Public Magnet Grades 9-12
  • Benjamin Franklin Senior High School, Public Magnet Grades 9-12
  • Glen Alta Elementary School, Public District Grades KG-8
  • Studio, Public District Grades 6-8
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Drive up Montecito Dr until you reach the intersection between Montecito Dr and Radio Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1040 Montecito vs Los Angeles

54 DAYS ON ROCKET

+20 Days

$350,000

-$625.9K Less

KEY TAKEAWAY

This property is $625.9K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #CV24027323

Listing Office:

  • Office Name: WORK REALTY ADVISORS
  • Office Phone: 909.908.5859
  • Listing Agent: Nicholas Alvarez

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:55:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1802083
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.16 miles

  • Public Magnet Grades KG-6

school-card-donut-1802084
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 26.23 miles

  • Public Magnet Grades KG-5

school-card-donut-1802085
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 26.26 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-1802086
6
/10

  • Glen Alta Elementary School

  • 3410 Sierra St

  • 0.22 miles

  • Public District Grades KG-8

school-card-donut-1802087
4
/10

  • Studio

  • 2211 W Avenue 30

  • 2.29 miles

  • Public District Grades 6-8

High School

school-card-donut-1802088
5
/10

  • Abraham Lincoln Senior High School

  • 3501 N Broadway

  • 0.84 miles

  • Public Magnet Grades 9-12

school-card-donut-1802089
4
/10

  • Woodrow Wilson Senior High School

  • 4500 Multnomah St

  • 1.51 miles

  • Public Magnet Grades 9-12

school-card-donut-1802090
5
/10

  • Benjamin Franklin Senior High School

  • 820 N Avenue 54

  • 2.01 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,380. Residents of Los Angeles, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1040 Montecito

What is the listing price of this property?

The listing price of 1040 Montecito property is $350,000.

What type of property is this?

The property 1040 Montecito is land located in Los Angeles, California, 90031.

Is this property for sale now?

Active Listing: 1040 Montecito is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1040 Montecito are:
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Glen Alta Elementary School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Abraham Lincoln Senior High School: GreatSchools Rating 5/10
Woodrow Wilson Senior High School: GreatSchools Rating 4/10
Benjamin Franklin Senior High School: GreatSchools Rating 5/10

How much acreage is this property?

The property 1040 Montecito is 0.17 acres.
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Rocket Homes›California›Los Angeles County›Los Angeles›90031›1040 Montecito

This home is located at 1040 Montecito in Los Angeles, CA and zip code 90031 in the Northeast LA neighborhood. This home sits on a 0.17 acre lot. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $350,000.

In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. The number of listings in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. In March 2024 median list price was $975,970 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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