When was property at 1162 Montecito Drive built and last sold?

The property at 1162 Montecito Drive was built in 1963 and last sold on Apr 8, 2023 for $1,071,000.

How much is this home worth?

The estimated value of the home located at 1162 Montecito Drive is $998,386.

What are some comparable homes to 1162 Montecito Drive?

There are currently no comparable homes to 1162 Montecito Drive.

Los Angeles

90031

Arroyo Seco

1162 Montecito Drive

$1,071,000

● House - Off Market

1162 Montecito Drive

Los Angeles, CA 90031

2 Beds

1 Bath

984 Ft²

$1,014,968

RealtyHop Estimate

2.01%

Since Jun 1, 2023

CA-Los Angeles

Primary Model

About This Property

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.

Unit Size

984 Ft²

Days on Market

59 days

Land Size

0.20 acres

Price per sqft

$1,011

Property Type

House

Property Taxes

HOA Dues

Year Built

1963

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (CRMLS #CV23046057)

Price History

Date / Event	Date	Event
May 19, 2023	Sold	Premium
Sold
Mar 21, 2023	Listed by ALIGN HOMES	$995,000
Listed by ALIGN HOMES

Property Highlights

Fireplace

With View

Garage

Building Info

Overview

General

Year Built: 1963

Effective Year Built: 1963
Building Count: 1
Total Rooms: 6
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 3
Building Quality: 4
Construction Type: 17
Building Style: 15
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 6
Roof Cover Type: 7
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 1
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,516

Lot Size Depth Feet: 2,200
Total Building Area: 984
Building Area: 984
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 5

Heating: 6
Heated Square Feet: 984
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: 1
Land Acres: 0000000196
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: TRACT NO 1O4 LOT/SEC 800

Neighborhood

School District Name: Los Angeles Unified School District

Census Tract: 199202

Zoning

Zoning: LAR1

Geography

Assessors Map Reference: 36-B4

Subdivision Tract Number: 1
Parcel: 5304-010-012
Lot: 800
Municipality: EAST /LINCOLN HEIGHTS
Latitude: 34.0879
Longitude: -118.2

Address

Full Address: 1162 Montecito Dr

Address - House Number: 1162
Address - Street Name: Montecito
Address - Suffix Type: Dr
State: CA
City Name: Los Angeles
Carrier Code: C035
4-Digit Zip Code: 1637
Zip Code: 90031

Valuation

Tax

Tax Year: 2022

Tax Amount: $219,949
Tax Rate Code Area: 00-004

Appraisal Valuation

Standard Deviation: 0.2261

Valuation Date: Nov 22, 2023
Confidence Score: 68
Final Value: 962,821
High Value: 1,180,585
Low Value: 745,058

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $640,000
Assessed Land Value: $512,000
Assessed Improvements Value: $128,000

Sales

Current Sale Contract Date: Apr 08, 2023

Current Sale Recording Date: May 19, 2023
Current Sale Price:

Premium
Current Sale Document Type: 36
Current Sale Input Document Number: 328427
Previous Sale Recording Date: Aug 16, 2022
Previous Sale Contract Date: Aug 03, 2022
Previous Sale Amount: $640,000
Previous Sale Document Type: 36

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About East LA

Stats & Trends

Median Asking:

$1,149,000

Sale Price/ft²

$732

Below Asking

0.02%

Average Days on Market

Average Home Size

2362 ft²

Average Home Age

78.6 years

Currently For Sale

738 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 444 W Avenue 37, LOS ANGELES, CA, 90065

$7,000 /mo

2 Beds
2 Baths
1,924 ft²

444 W Avenue 37, LOS ANGELES, CA, 90065 Listing by Caroline Roa Luat Young

Unit for rent at 137 E Avenue 43, LOS ANGELES, CA, 90031

$6,995 /mo

4 Beds
2 Baths
1,724 ft²

137 E Avenue 43, LOS ANGELES, CA, 90031 Listing by Fallon Dobrisky

Unit for rent at 3582 Verdugo Vista Terrace, LOS ANGELES, CA, 90065

$5,795 /mo

2 Beds
2 Baths
1,491 ft²

3582 Verdugo Vista Terrace, LOS ANGELES, CA, 90065 Listing by Richard Michalowski

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: John Fontamillas, ALIGN HOMES
Last Updated: 2 months ago
Data Source: CRMLS, MLS# CV23046057

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. 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. Properties may or may not be listed by the office/agent presenting the information

1162 Montecito Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About East LA

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions