NOT LISTED FOR SALE

1198 E Montecito Dr Los Angeles, CA 90031

Montecito Heights Neighborhood

Estimated Value: $108,068 - $384,000

0.08 Acre
$2,384,588 Price per Acre
3,695 Sq Ft Lot

Last Sold February 18, 2021

Last sale price $92,000

Est. 37% increase in value since last sale

Current estimated payment $750/month

379 Days on Market

About This Lot

As of February 2021

Development opportunity to build an amazing 2BR/2BA, 1,190+/- sf home on appx 3,695 sf lot, zoned R1. One of the last downslope lots left on Montecito Dr! Plans call for a stunning 2-story modern SFR with living area and bedrooms on the main floor and loft on 2nd floor, 2-car garage and large deck overlooking the amazing views! Plans are currently in plan check. Selling AS-IS. Plans & reports available upon request. Utilities nearby. Centrally located in the heart of Montecito Heights, just a short drive to DTLA. Buyer to verify all information and rely on their own investigations. Sold AS IS & WHERE IS. Drive by and MAKE OFFER. THIS IS A LAND DEVELOPMENT SALE ONLY.

Last Agent to Sell the Property

Shawn Kormondy

Keller Williams Beverly Hills License #01451888 Listed on: 12/05/2019

Keller Williams Beverly Hills

Co-Listed By

Sabina Yi

Keller Williams Beverly Hills License #01964836

Last Buyer's Agent

Alex Quaid

The Agency License #01838631

The Agency

Property Details

Property Type

  • Land

Lot Details

  • 3,695 Sq Ft Lot
  • Lot Sloped Down
  • Property is zoned LAR1

Property Views

  • City Lights
  • Hills

Listing and Financial Details

  • Assessor Parcel Number 5304-010-025

Property Details

Property Type

Land

Lot Details

3,695 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Advertising Remarks: Development opportunity to build an amazing 2BR/2BA, 1,190+/- sf home on appx 3,695 sf lot, zoned R1. One of the last downslope lots left on Montecito Dr! Plans call for a stunning 2-story modern SFR with living area and bedrooms on the main floor and loft on 2nd floor, 2-car garage and large deck overlooking the amazing views! Plans are currently in plan check. Selling AS-IS. Plans & reports available upon request. Utilities nearby. Centrally located in the heart of Montecito Heights, just a short drive to DTLA. Buyer to verify all information and rely on their own investigations. Sold AS IS & WHERE IS. Drive by and MAKE OFFER. THIS IS A LAND DEVELOPMENT SALE ONLY.
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City Lights, Hills
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5304-010-025
  • Geocode Override: Yes
  • Lot Size Area: 3695
  • Topography: Downhill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2025
Sold by
Xiao Baojian
Bought by
Frri Llc
Current Estimated Value
$126,295

Purchase Details

Closed on
Sep 23, 2014
Sold by
Weiss Brian
Bought by
Novo Products & Services Inc

Purchase Details

Closed on
Jul 25, 2011
Sold by
The City Of Los Angeles
Bought by
Weiss Brian
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Frri Llc -- None Listed On Document
Novo Products & Services Inc $75,000 Old Republic Title Company
Weiss Brian $60,000 Old Republic Title Co La
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Weiss Brian $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2021 02/18/21 Sold $92,000 -17.9% --
12/18/2020 12/18/20 Pending -- -- --
12/15/2020 12/15/20 Price Changed $112,000 -5.9% --
07/13/2020 07/13/20 Price Changed $119,000 -4.8% --
03/09/2020 03/09/20 Price Changed $125,000 -7.4% --
12/05/2019 12/05/19 For Sale $135,000 -- --
Source: The MLS

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
2025 $1,194 $99,582 $99,582 --
2024 $1,194 $97,630 $97,630 --
2023 $1,171 $95,716 $95,716 $0
2022 $1,113 $93,840 $93,840 $0
2021 $997 $83,271 $83,271 $0
2020 $3,658 $82,418 $82,418 $0
2019 $966 $80,802 $80,802 $0
2018 $966 $79,218 $79,218 $0
2017 $941 $77,665 $77,665 $0
2016 $922 $76,143 $76,143 $0
2015 $908 $75,000 $75,000 $0
2014 $210 $15,984 $15,984 $0
Source: Public Records

Agents Affiliated with this Home

  • Shawn Kormondy

    Seller's Agent in 2021

    Shawn Kormondy

    Keller Williams Beverly Hills

    (323) 638-7567

    3 in this area

    143 Total Sales

    Shawn Kormondy
    Section Image
  • Sabina Yi

    Seller Co-Listing Agent in 2021

    Sabina Yi

    Keller Williams Beverly Hills

    (213) 344-6970

    3 in this area

    106 Total Sales

    Sabina Yi
    Section Image
  • Alex Quaid

    Buyer's Agent in 2021

    Alex Quaid

    The Agency

    (310) 717-1054

    76 Total Sales

    Alex Quaid
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-535118

The MLS

APN: 5304-010-025

California Los Angeles County Los Angeles 90031 Montecito Heights

1198 E Montecito Dr, Los Angeles, CA

Not Listed for Sale

Lots

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