1236 Montecito Dr Los Angeles, CA 90031
Montecito Heights Neighborhood
2
Beds
2
Baths
1,100
Sq Ft
5,375
Sq Ft Lot
Highlights
- City Lights View
- Midcentury Modern Architecture
- Main Floor Bedroom
- Abraham Lincoln High School Rated A
- Living Room with Fireplace
- No HOA
About This Home
As of January 2023Major fixer... not for the faint hearted. Beautiful lot up in the hills above LA. Tree top peek-a-boo view of city lights and Dodger Stadium. Public records show 1 bedroom 1 bath. Second bedroom and bath are downstairs, and do not reflect extra square footage in public records. Sold "As Is" with existing furniture and items left behind. Probate sale. Court Confirmation NOT needed. Must sell ASAP. This is a project for experienced investors. Cash buyers only. This once was a charming hilltop home, but has been neglected for many years.
Last Agent to Sell the Property
HomeSmart, Evergreen Realty License #00519879 Listed on: 12/17/2022
Last Buyer's Agent
HomeSmart, Evergreen Realty License #00519879 Listed on: 12/17/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,964
Year Built
- Built in 1924
Lot Details
- 5,375 Sq Ft Lot
- Property is zoned LAR1
Home Design
- Midcentury Modern Architecture
- Major Repairs Completed
- Fixer Upper
- Composition Roof
- Stucco
Interior Spaces
- 1,100 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Dining Area
- Carpet
- City Lights Views
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Bathtub with Shower
Parking
- 1 Parking Space
- Driveway
Outdoor Features
- Balcony
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5304-011-014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 17, 2022
Closed on
Jan 3, 2023
Sold by
Graham-Jones Sandra
Bought by
Mai Capital Llc
Seller's Agent
Marjorie Burrows
HomeSmart, Evergreen Realty
Buyer's Agent
Marjorie Burrows
HomeSmart, Evergreen Realty
List Price
$450,000
Sold Price
$485,000
Premium/Discount to List
$35,000
7.78%
Views
113
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,204
Avg. Annual Appreciation
18.58%
Original Mortgage
$485,000
Outstanding Balance
$471,840
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$268,306
Purchase Details
Listed on
Dec 17, 2022
Closed on
Dec 21, 2022
Sold by
Andrew De Salvo Irrevocable Trust
Bought by
Desalvo Michael C
Seller's Agent
Marjorie Burrows
HomeSmart, Evergreen Realty
Buyer's Agent
Marjorie Burrows
HomeSmart, Evergreen Realty
List Price
$450,000
Sold Price
$485,000
Premium/Discount to List
$35,000
7.78%
Views
113
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Outstanding Balance
$471,840
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$268,306
Purchase Details
Closed on
Nov 9, 2015
Sold by
Andrew Desalvo Trust
Bought by
Desalvo Michael C
Purchase Details
Closed on
Sep 17, 2008
Sold by
Desalvo Andrew Jones
Bought by
Andrew De Sulvo Irrevocable Trust
Purchase Details
Closed on
Dec 8, 2003
Sold by
Desalvo Michael
Bought by
Desalvo Andrew Jones
Purchase Details
Closed on
May 17, 2001
Sold by
Jones Sandra M
Bought by
Desalvo Michael
Similar Homes in Los Angeles, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $485,000 | Stewart Title Company | |
| Gift Deed | -- | Stewart Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $485,000 | New Conventional | |
| Closed | $300,000 | New Conventional | |
| Closed | $300,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2023 01/31/23 | Sold | $485,000 | +7.8% | $441 / Sq Ft |
| 12/20/2022 12/20/22 | Pending | -- | -- | -- |
| 12/17/2022 12/17/22 | For Sale | $450,000 | -- | $409 / Sq Ft |
Source: The MLS
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 | $5,964 | $484,500 | $387,600 | $96,900 |
| 2023 | $6,328 | $515,000 | $410,000 | $105,000 |
| 2022 | $6,179 | $517,595 | $414,078 | $103,517 |
| 2021 | $10,178 | $507,447 | $405,959 | $101,488 |
| 2019 | $5,921 | $492,398 | $393,919 | $98,479 |
| 2018 | $5,890 | $482,745 | $386,196 | $96,549 |
| 2016 | $5,633 | $464,000 | $371,200 | $92,800 |
| 2015 | $2,782 | $224,763 | $165,617 | $59,146 |
| 2014 | $2,799 | $220,361 | $162,373 | $57,988 |
Source: Public Records
Agents Affiliated with this Home
-
Marjorie Burrows
Seller's Agent in 2023
Marjorie Burrows
HomeSmart, Evergreen Realty
(818) 970-9347
1 in this area
9 Total Sales
Map
Source: The MLS
MLS Number: 22-225921
APN: 5304-011-014
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