$780,000
●
Condo -
Off Market
4536 Montecito Drive
La Palma, CA 90623
3 Beds
2 Baths,
1
Half Bath
1,334 Ft²
$4,359
Est. Monthly
$455
HOA / Fees
5.90%
Cap Rate
About This Property
Welcome to Montecito Villas, a gated and beautifully maintained
community in the heart of La Palma. This spacious townhome offers 3
bedrooms and 2.5 bathrooms with approximately 1,330 square feet of
comfortable living space. The entry opens to a bright and airy
living room with soaring ceilings, large windows that fill the
space with natural light, and a cozy fireplace. The next level
features an open-concept family room, dining area, and a
well-appointed kitchen with stainless steel appliances, granite
countertops, and plenty of cabinetry. All three bedrooms are
located on the upper level, including a primary suite with a
walk-in closet and dual vanities. Additional highlights include an
interior laundry closet, central air and heating, direct access to
a one-car attached garage, and an assigned outdoor parking space.
Community amenities include a sparkling pool, spa, greenbelts, and
guest parking-all within a secure, gated setting. Ideally situated
near top-rated schools including Oxford Academy, parks, shopping
centers, and major freeways. A great opportunity to enjoy peaceful
and convenient living in La Palma.
Unit Size
1,334 Ft²
Days on Market
59 days
Land Size
2.64 acres
Price per sqft
$596
Property Type
Condo
Property Taxes
-
HOA Dues
$455
Year Built
1995
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #PW25124418)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Listed by Premier Realty | $795,000 | |
| Listed by Premier Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Granite Counters, Recessed Lighting, AllBedroomsUp
Appliances: Dishwasher, Disposal, Gas Range, Range Hood, Water Heater
Flooring Type: Laminate
Laundry Features: Inside, Laundry Closet, Upper Level
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 1334
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1996
Levels: Three Or More
Pool Features: Community, Association
Lot Size Area: 114841
Lot Size Units: Square Feet
Lot Size Acres: 2.6364
Lot Size Square Feet: 114841
Tax Lot: 1
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Pool, Spa/Hot Tub
HOA Fee: $455
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/03/2025
| |
3 Bed
|
2 Bath
|
1334 ft²
|
$795,000
3 Bed
2 Bath
1334 ft²
|
$780,000
-1.89%
08/01/2025
|
Jin Hong
eXp Realty of California Inc.
|
Building Info
About La Palma
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Listed by: Jin Hong, Premier Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW25124418
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW25124418
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