NOT LISTED FOR SALE

1198 E Montecito Dr Los Angeles, CA 90031

Montecito Heights Neighborhood

Estimated Value: $107,336 - $193,000

0.08 Acres
$1,750,004 Price per Acre
3,695 Sq Ft Lot

Sale Details

Date Sold: February 18, 2021

Last sale price $92,000

Est. 61% increase in value since last sale

Current estimated payment $903 / mo

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2025
Sold by
Bought by
Current Estimated Value
$148,445

Purchase Details

Closed on
Sep 23, 2014
Sold by
Bought by

Purchase Details

Closed on
Jul 25, 2011
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$75,000 Old Republic Title Company
$60,000 Old Republic Title Co La
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,206 $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

    132 Total Sales

    Shawn Kormondy
    Section Image
  • Sabina Yi

    Seller Co-Listing Agent in 2021

    Sabina Yi

    Keller Williams Beverly Hills

    (213) 344-6970

    97 Total Sales

    Sabina Yi
    Section Image
  • Alex Quaid

    Buyer's Agent in 2021

    Alex Quaid

    The Agency

    (310) 717-1054

    74 Total Sales

    Alex Quaid
    Section Image
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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

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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