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Backup Offers

1158 Montecito Dr, Los Angeles, CA, 90031

$850,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,484 SqFt
$573/SqFt
House
Schools Nearby

Location

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1158 Montecito Dr, Los Angeles$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1963
FireplaceNone
ViewCity Lights, Canyon, Hills, Trees/Woods
MLS #P1-16349
Lot Size0.18 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1158 Montecito Dr

Major fixer upper located in the heart of the Montecito Drive Residential Historic district and representing a unique opportunity to complete your very own project is the mid-century modern home at 1158 Montecito Drive. Built in 1963 with a design by Richard Kearney and John Pugsley, the home enjoys a spectacular view to the South-East and incredible light through a verdant canyon populated with kindred spirits and plentiful wildlife. The home is in extreme disrepair and as a result, will be unlikely to qualify for a conventional mortgage at this time. The original design of the main level remains much as when built but in the middle of the house, a circular stairwell leads down to a legal bedroom suite that was added in subsequent years with permits. The total square footage of the house on public records is 1,484 and the lot size is 7,658. (Zimas) Neighboring homes have been remodeled with great success and the character and design of these homes with cantilever construction and canyon views are timeless and so very L.A. Montecito Heights remains an incredible treasure a short 5 miles from Downtown Los Angeles but with a giant open space park at Debs Park, greenery in every direction and views that stop you in your tracks if you take an evening stroll. Locals share a camaraderie in their hill and many remain for decades. On title with 3 bedrooms, 2 bathrooms, there is much to be done.Showings will only be available by appointment and no public open houses are planned.

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Stories: 2
  • Living Area: 1,484 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Email: adam@propertybyadam.com
  • Listing Agent: Adam Bray-Ali

Interior Features

Interior Information:

  • Interior: Galley Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Canyon, Hills, Trees/Woods

Lot Features

Lot Information:

  • Lot: Back Yard, Sloped Down, Sloped
  • Lot Size: 0.18 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: Located at top of Montecito Heights. South of 110 and North of Huntington. Hilltop location that can be accessed from multiple directions. Limited parking in front of the property, more parking available to the West on Montecito Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $573/SqFt

Tax Information:

  • Annual Amount: $5,979
  • Tax Year: 2021
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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

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

1158 Montecito Dr vs Los Angeles

93 DAYS ON ROCKET

+59 Days

$850,000

-$136.4K Less

$573/SqFt

-$59 Less

KEY TAKEAWAY

This property is $136.4K less than the Median Sold Price and $59/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #P1-16349

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Email: adam@propertybyadam.com
  • Listing Agent: Adam Bray-Ali

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: 5/2/2024, 3:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 16, 1993Home Sold
$360,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,979$497,109
2020$5,797$492,012
2019$5,756$482,365
2018$5,628$472,908
2017$5,628$463,637

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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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-4530364
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.29 miles

  • Public Magnet Grades KG-6

school-card-donut-4530365
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 26.33 miles

  • Public Magnet Grades KG-5

school-card-donut-4530366
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 26.36 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-4530367
6
/10

  • Glen Alta Elementary School

  • 3410 Sierra St

  • 0.20 miles

  • Public District Grades KG-8

school-card-donut-4530368
4
/10

  • Studio

  • 2211 W Avenue 30

  • 2.36 miles

  • Public District Grades 6-8

High School

school-card-donut-4530369
5
/10

  • Abraham Lincoln Senior High School

  • 3501 N Broadway

  • 0.93 miles

  • Public Magnet Grades 9-12

school-card-donut-4530370
4
/10

  • Woodrow Wilson Senior High School

  • 4500 Multnomah St

  • 1.50 miles

  • Public Magnet Grades 9-12

school-card-donut-4530371
5
/10

  • Benjamin Franklin Senior High School

  • 820 N Avenue 54

  • 1.93 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 $60,625. The majority of Los Angeles, CA residents have income less than $35k annually. Typical family type is married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1158 Montecito Dr

What is the listing price of this property?

The listing price of 1158 Montecito Dr property is $850,000.

What type of property is this?

The property 1158 Montecito Dr is a house located in Los Angeles, California, 90031.

Is this property for sale now?

Accepting Backup Offers: 1158 Montecito Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1158 Montecito Dr 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

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,979 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 16, 1993 for $360,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1158 Montecito Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1158 Montecito Dr is 1,484 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1158 Montecito Dr is 1963.

Rocket Homes›California›Los Angeles County›Los Angeles›90031›1158 Montecito Dr

This home is located at 1158 Montecito Dr in Los Angeles, CA and zip code 90031 in the Northeast LA neighborhood. This 1,484 square foot home, which was built in 1963, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $850,000.

While more than 701 listings in Los Angeles, CA in April 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 629 were sold below. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.

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

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