NOT LISTED FOR SALE

1291 Montecito Dr Los Angeles, CA 90031

Montecito Heights Neighborhood

Estimated Value: $1,059,000 - $1,249,000

3 Beds
2 Baths
1,370 Sq Ft
$810/Sq Ft Est. Value

Sale Details

Date Sold: May 14, 2019

Last sale price $750,000 $547 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,685 / mo

17 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Contemporary Architecture
  • Lincoln High School Rated A-
  • Deck
  • Attic

About This Home

As of May 2019

The top of LA - Montecito Heights - Beautiful views, 15 minutes to DTLA, easy access to Pasadena, a hop to Los Feliz & Atwater Village and about 30 minutes to Burbank studios and Universal City & Dodger Stadium fireworks visible from back deck of home. This unique, Tudor style home as been recently painted inside and out with new laminate flooring. Classic! Both Master suite and one large bedroom open onto a huge deck with views overlooking LA skyline and Dodger Stadium. Front bedroom is large and private from the other two. Galley style kitchen opens onto the deck and steps to the over sized garage. (Perhaps future ADU?) Don't miss the 94 square foot utility basement. Come check out this classic beauty in one of the most classic LA neighborhoods, little known and easy access to all LA has to offer.

Last Agent to Sell the Property

Paul Sessum

Exp Realty of California Inc. License #01456020 Listed on: 03/11/2019

Exp Realty of California Inc.

Last Buyer's Agent

Susie Park

Compass License #02014723

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1934

Lot Details

  • 5,560 Sq Ft Lot
  • Wood Fence
  • Irregular Lot
  • Gentle Sloping Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Front Facing Garage
  • Driveway Up Slope From Street
  • On-Street Parking

Property Views

  • City Lights
  • Peek-A-Boo

Home Design

  • Contemporary Architecture
  • Tudor Architecture
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 1,370 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • French Mullion Window
  • Bay Window
  • Living Room with Fireplace
  • Storage
  • Laminate Flooring
  • Utility Basement
  • Attic

Kitchen

  • Eat-In Galley Kitchen
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Natural Gas Connected
  • Gas Water Heater
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 495
  • Tax Tract Number 104
  • Assessor Parcel Number 5304013016

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1934

Lot Details

5,560 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Contemporary, Tudor
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5304013016
  • Year Built: 1934
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1370.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, In Kitchen
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 547.45
  • Room Type: All Bedrooms Down, Attic, Basement, Galley Kitchen, Living Room, Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Bay Window(s), Double Pane Windows, French/Mullioned
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower In Tub
  • Room Kitchen Features: Granite Counters
  • Basement: Utility

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Rain Gutters, Satellite Dish
  • View: City Lights, Peek-A-Boo
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking Features: Asphalt, Driveway Up Slope From Street, Garage, Garage Faces Front, Street
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Cooktop, Gas Water Heater, Microwave
  • Heating Type: Central
  • Laundry Features: Common Area, Gas Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Gentle Sloping, Irregular Lot
  • Lot Size Sq Ft: 5560.00
  • Lot Size Acres: 0.1276

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5560.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1993.00
  • Tax Lot: 495
  • Tax Tract Number: 104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
Apr 3, 2019
Sold by
Lynch Gregory and Lynch Cindi H
Bought by
Torstenson David Robert and Torstenson Corban Nichole
Seller's Agent
Paul Sessum
Exp Realty of California Inc.
Buyer's Agent
Susie Park
Compass
List Price
$724,500
Sold Price
$750,000
Premium/Discount to List
$25,500
3.52%
Current Estimated Value
$1,110,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,247
Avg. Annual Appreciation
5.80%
Original Mortgage
$712,500
Outstanding Balance
$622,552
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$487,695

Purchase Details

Closed on
Jan 24, 2017
Sold by
Lynch Gregory
Bought by
Lynch Gregory and Lynch Cindi H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 1996
Sold by
Haiker Chris J and Haiker Suzanne M
Bought by
Lynch Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
7.88%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Torstenson David Robert $750,000 Chicago Title Company
Lynch Gregory -- Tsi Title Company Of Ca Inc
Lynch Gregory $157,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torstenson David Robert $712,500
Previous Owner Lynch Gregory $173,000
Previous Owner Lynch Gregory $141,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2019 05/14/19 Sold $750,000 +3.5% $547 / Sq Ft
03/11/2019 03/11/19 For Sale $724,500 -- $529 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,073 $836,634 $669,309 $167,325
2024 $10,073 $820,231 $656,186 $164,045
2023 $9,878 $804,149 $643,320 $160,829
2022 $9,416 $788,382 $630,706 $157,676
2021 $9,300 $772,925 $618,340 $154,585
2019 $6,229 $229,203 $122,192 $107,011
2018 $2,761 $224,710 $119,797 $104,913
2016 $2,623 $215,987 $115,147 $100,840
2015 $2,585 $212,744 $113,418 $99,326
2014 $2,600 $208,578 $111,197 $97,381
Source: Public Records

Agents Affiliated with this Home

  • Paul Sessum

    Seller's Agent in 2019

    Paul Sessum

    Exp Realty of California Inc.

    (818) 395-0518

    25 Total Sales

    Paul Sessum
    Section Image
  • Susie Park

    Buyer's Agent in 2019

    Susie Park

    Compass

    (818) 434-3880

    3 in this area

    46 Total Sales

    Susie Park
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB19055941

California Regional Multiple Listing Service (CRMLS)

APN: 5304-013-016

California Los Angeles County Los Angeles 90031 Montecito Heights

1291 Montecito Dr, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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