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1162 Montecito Dr, Los Angeles, CA 90031
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1162 Montecito Dr Los Angeles, CA 90031

$1,071,000 Sold Price as of 05/19/2023
  • 2 Beds
  • 1 Baths
  • 984 Sq.Ft.
Sold
$1,071,000 Sold Price as of 05/19/2023 Refinance Your Mortgage
Map preview of 1162 Montecito Dr, Los Angeles, CA 90031

Property Overview: 1162 Montecito Dr Los Angeles, CA has 2 bedrooms, 1 bathrooms, 984 living square feet and 8,516 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Stunning panoramic views from this iconic Mid-Century modern Platform House, originally designed by Richard Kearney and John Pugsley. Make your way into the newly fenced enclosed patio with lawn and sitting area. Enjoy the indoor and outdoor living as you enter from enclosed patio to the living room with open layout to kitchen, dining room and back exterior patio. Tastefully finished throughout with private enclosed exterior patio where you can enjoy the amazing views with your morning cup of coffee and/or a late afternoon wine. House boasts Two Bedrooms and one bath with an extra office space with closet. Part of the Montecito Drive Residential Historic District which consists of 23 intact dwellings built between 1961 to 1964. Potential for more with large 8500+ sq ft lot.

Listed by John Fontamillas | BRE #01782532 | ALIGN HOMES
Co-listed by Joel Valmonte | BRE #01429963 | ALIGN HOMES
Last checked: 5 minutes ago | Last updated: October 26th, 2023 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
8,516
HOA Dues
$0/mo
Year built
1963
Garage
1 Car
Property Type:
Single Family Home
Status
Sold
MLS#
CV23046057
City
Los Angeles
County
Los Angeles
Time on Site
418 days

Property Details for 1162 Montecito Dr

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 1
  • All Bedrooms Down, Living Room
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Attached Garage
Lot Information
  • Lot Features: Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Hills, Mountain(s)
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5304010012
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: East of Griffin Ave and West of Debs Park
Neighborhood Information
  • Community Features: Hiking, Mountainous
View more facts & features

Local Los Angeles Agent

Sale History for 1162 Montecito Dr

Last sold for $1,071,000 on May 19th, 2023

  • May, 2023

  • May 19, 2023

    Date

    Sold

    CRMLS: CV23046057

    $1,071,000

    Price

  • Mar 21, 2023

    Date

    Active

    CRMLS: CV23046057

    $995,000

    Price

  • August, 2022

  • Aug 16, 2022

    Date

    Sold

    CRMLS: P1-10603

    $640,000

    Price

  • Jul 22, 2022

    Date

    Active

    CRMLS: P1-10603

    $635,000

    Price

  • Listing provided courtesy of CRMLS

    Seller started rehab but couldn't finish the work. The roof doesn't appear to leak, but just about everything else in this 2 Bedroom, 1 Bath home with an extra bonus room is in need of mending. The floors have been stripped to their subfloor. The front door and patio doors are not plumb and some settling in the front is visible. The kitchen area has been partially demolished. The bathroom is a disaster. The bedrooms are missing closet doors. The previous cat residence have left their mark. The exterior has been neglected and the trees and lawn haven't been trimmed. While this home has canyon and city views galore and is in a highly desirable hillside neighborhood, it will take more than paint to solve its problems. Sure it has all expansive sliding glass doors and windows that don't operate, but they overlook the oversized backyard and the views. I'd also be remiss in not mentioning that this Mid-Century home is an original design of the famous architect, Richard Kearney. With all that said, make no mistake, this is one miserable house and it's priced to reflect misery. It's truly every Rehab Investor's Dream and a Must See. Seller is Motivated to Sell. Bring all offers. Kiss this frog and turn it into a handsome prince. With the right vision, the right investor can significantly increase this homes value and pocket a king's fortune. Can't wait to see the magic happen!

  • July, 1995

  • Jul 28, 1995

    Date

    Sold (Public Records)

    Public Records

    $110,000

    Price

  • January, 1995

  • Jan 25, 1995

    Date

    Sold (Public Records)

    Public Records

    $91,103

    Price

Show More

Tax History for 1162 Montecito Dr

Assessed Value (2020): $167,073
Year Land Value Improved Value Assessed Value
2020 $114,221 $52,852 $167,073

Home Value Compared to the Market

This property vs the competition

1162 Montecito Dr sold on May 19, 2023 for 16.39% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $1011.18 per/sqft which puts the price per square foot 33.93% higher than the current median sale per square foot for the city of Los Angeles.

About 1162 Montecito Dr

Detailed summary of property

1162 Montecito Dr is a single family home that recently sold in Los Angeles, CA 90031. This house offered 2 bedrooms, 1 bathrooms, roughly 984 living square feet, and sits on an approximately 8,516 square foot lot. 1162 Montecito Dr was first listed on ArdentRealEstateGroup.com on March 21, 2023. The homeowner sold the property for $1,071,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 16.39% lower than the current median priced home. Local homes that are currently for sale include 4573 Zane St, 2137 Alta St and 5428 Monterey Rd. While the average home in Los Angeles, CA is selling in 93 days, 1162 Montecito Dr has a days on market of 14 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1162 Montecito Dr Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1162 Montecito Dr

Public county record property details
Beds
2
Baths
1
Year built
1963
Sq. Ft.
984
Lot Size
8,515
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
800
APN
5304-010-012

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$840,000
Median List Price/Sq.Ft.
$661
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$638
Total Inventory
34
Median Sale to List Price %
100%
Avg Days on Market
23
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (36.36%), Other (18.18%)

Thinking of Selling?

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(714) 706-1823

Homes for Sale Near 1162 Montecito Dr

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Recently Sold Homes Near 1162 Montecito Dr

1158 Montecito Dr, Los Angeles, CA 90031
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1155 Montecito Dr, Los Angeles, CA 90031
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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