
1040 Montecito Los Angeles, CA 90031
Montecito Heights NeighborhoodHighlights
- Corner Lot
- No HOA
- Neighborhood Views
- Abraham Lincoln High School Rated A
About This Lot
As of February 2025***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.
Last Agent to Sell the Property
WORK REALTY ADVISORS Brokerage Phone: 909.908.5859 License #01950605 Listed on: 03/04/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,920
Lot Details
- 7,265 Sq Ft Lot
- Corner Lot
- Density is up to 1 Unit/Acre
- Property is zoned [Q]R1-1D-HCR
Additional Features
- Neighborhood Views
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5304006014
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Similar Properties in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $375,000 | Monarch Title | |
Grant Deed | -- | Accommodation | |
Grant Deed | -- | Old Republic Title Company | |
Grant Deed | $150,000 | Old Republic Title Company | |
Grant Deed | $27,000 | None Available | |
Grant Deed | $32,000 | None Available | |
Grant Deed | $57,000 | Southland Title Corporation | |
Interfamily Deed Transfer | -- | Southland Title Corporation |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,338,750 | Construction | |
Previous Owner | $180,000 | Commercial | |
Previous Owner | $100,000 | Commercial |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/18/2025 02/18/25 | Sold | $375,000 | +25.4% | -- |
11/25/2024 11/25/24 | Price Changed | $299,000 | 0.0% | -- |
11/25/2024 11/25/24 | For Sale | $299,000 | -20.3% | -- |
10/18/2024 10/18/24 | Off Market | $375,000 | -- | -- |
08/15/2024 08/15/24 | For Sale | $350,000 | 0.0% | -- |
07/17/2024 07/17/24 | Pending | -- | -- | -- |
04/22/2024 04/22/24 | Price Changed | $350,000 | -17.6% | -- |
03/11/2024 03/11/24 | Price Changed | $425,000 | -15.0% | -- |
03/04/2024 03/04/24 | For Sale | $500,000 | -- | -- |
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $1,920 | $157,022 | $157,022 | -- |
2023 | $1,883 | $153,944 | $153,944 | $0 |
2022 | $1,791 | $150,926 | $150,926 | $0 |
2021 | $1,771 | $147,967 | $147,967 | $0 |
2019 | $1,863 | $156,060 | $156,060 | $0 |
2018 | $1,853 | $153,000 | $153,000 | $0 |
2017 | $0 | $58,000 | $58,000 | $0 |
2016 | $414 | $33,136 | $33,136 | $0 |
2015 | $407 | $32,639 | $32,639 | $0 |
2014 | $412 | $32,000 | $32,000 | $0 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Nicholas Alvarez
WORK REALTY ADVISORS
(909) 908-5859
2 in this area
41 Total Sales
-
Buyer's Agent in 2025
Sandra Alvarez
American Team Properties
(626) 524-0014
1 in this area
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV24027323

APN: 5304-006-014
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