NOT LISTED FOR SALE

968 Montecito Dr Los Angeles, CA 90031

Montecito Heights Neighborhood

Estimated Value: $1,225,000 - $1,594,000

3 Beds
2.5 Baths
1,360 Sq Ft
$1,056/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $1,260,000 $926 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,956/month

29 Days on Market

Highlights

  • Panoramic View
  • Midcentury Modern Architecture
  • Loft
  • Abraham Lincoln High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of November 2022

Montecito Heights sets the scene for this rare offering that features 1965 design and breathtaking views. Perched above the Arroyo Seco amid greenery and tranquility, the home welcomes you to an airy living environment imbued with iconic midcentury elements including dramatic ceiling height, clerestory windows, and an endless supply of natural light. Moving through the space you are never far from astonishing vistas, spanning across hillsides to the Griffith Observatory and Hollywood Sign. Two bedrooms plus a mezzanine / loft create a versatile setup for a third bedroom, media, or office setup. There are two baths and a remodeled kitchen equipped with stainless appliances including a Bertazzoni range. Glass sliders open to upper and lower balconies where you'll lounge, dine and socialize against an epic panorama. Enjoy central air and covered parking for two vehicles. Explore Debs Park and Peanut Lake, then head down to nearby Figueroa Street for coffee, dining, shops and nightlife.

Last Agent to Sell the Property

Tracy Do

Coldwell Banker Realty License #01350025 Listed on: 09/30/2022

Coldwell Banker Realty

Co-Listed By

Richard Michalowski

Compass License #01935805

Last Buyer's Agent

Mary Regal

Compass License #01963054

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,647

Year Built

  • Built in 1965

Lot Details

  • 6,441 Sq Ft Lot
  • Lot Dimensions are 55x125
  • Property is zoned LAR1

Property Views

  • Panoramic
  • City Lights
  • Canyon

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,360 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Loft
  • Alarm System

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5304-005-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,647

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 1360
  • Lot Acreage: 0.1479
  • Lot Dimensions: 55x125
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Range/Oven, Refrigerator, Ceiling Fan, Dryer, Washer, Garbage Disposal
  • Price Per S Q F T: 844.85

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Canyon, City Lights, Panoramic
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Parking Garage: Carport, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5304-005-033
  • Lot Size Area: 6441

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Nov 14, 2022
Sold by
Ruiz Erika
Bought by
Rasco Eric Daniel
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Mary Regal
Compass
List Price
$1,149,000
Sold Price
$1,260,000
Premium/Discount to List
$111,000
9.66%
Views
91
Current Estimated Value
$1,436,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,213
Avg. Annual Appreciation
4.02%
Original Mortgage
$1,008,000
Outstanding Balance
$970,000
Interest Rate
5.49%
Mortgage Type
New Conventional
Estimated Equity
$437,525

Purchase Details

Listed on
Sep 30, 2022
Closed on
Nov 10, 2022
Sold by
Rasco Eric Daniel
Bought by
Maturo Emily C and Pacho David I
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Mary Regal
Compass
List Price
$1,149,000
Sold Price
$1,260,000
Premium/Discount to List
$111,000
9.66%
Views
91

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,008,000
Outstanding Balance
$970,000
Interest Rate
5.49%
Mortgage Type
New Conventional
Estimated Equity
$437,525

Purchase Details

Closed on
Feb 26, 2020
Sold by
Rasco Eric
Bought by
Rasco Eric Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2020
Sold by
Clements Erika Mayrani Ruiz
Bought by
Rasco Eric Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2015
Closed on
Aug 26, 2015
Sold by
Springer Aaron and Springer Ashley
Bought by
Rasco Eric
Seller's Agent
Bryony Atkinson
MAISONRE
Buyer's Agent
Margaret Arana
Nourmand & Associates-HW
List Price
$649,000
Sold Price
$732,500
Premium/Discount to List
$83,500
12.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$586,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2003
Sold by
Kim Bernard and Gosho Katharine
Bought by
Springer Aaron and Springer George Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,350
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 25, 2002
Sold by
The Chase Manhattan Bank
Bought by
Kim Bernard and Gosho Katharine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,250
Interest Rate
5.97%

Purchase Details

Closed on
Jul 6, 2001
Sold by
Batie Leo
Bought by
The Chase Manhattan Bank

Purchase Details

Closed on
Apr 17, 1998
Sold by
Innis Edgardo
Bought by
Batie Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
9.99%

Purchase Details

Closed on
Aug 19, 1996
Sold by
Federal National Mortgage Association
Bought by
Innis Edgardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
8.23%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 3, 1995
Sold by
Jimenez James and Federal National Mortgage Asso
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rasco Eric Daniel -- Provident Title
Maturo Emily C $1,260,000 Provident Title
Rasco Eric Daniel -- First American Title Company
Rasco Eric Daniel -- First American Title Company
Rasco Eric $732,500 Title 365
Springer Aaron $439,000 --
Kim Bernard $179,000 Fidelity National Title Co
The Chase Manhattan Bank $148,750 --
Batie Leo $572,727 Commonwealth Title
Innis Edgardo $118,000 First Southwestern Title Co
Federal National Mortgage Association $126,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maturo Emily C $1,008,000
Previous Owner Rasco Eric Daniel $545,000
Previous Owner Rasco Eric $586,000
Previous Owner Springer Aaron $412,500
Previous Owner Springer Aaron $64,500
Previous Owner Springer Aaron $94,350
Previous Owner Kim Bernard $134,250
Previous Owner Batie Leo $126,000
Previous Owner Innis Edgardo $114,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $1,260,000 +9.7% $926 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $1,149,000 +56.9% $845 / Sq Ft
09/24/2015 09/24/15 Sold $732,500 +12.9% $539 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $649,000 -- $477 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $15,647 $1,310,903 $1,048,723 $262,180
2024 $15,647 $1,285,200 $1,028,160 $257,040
2023 $15,341 $1,260,000 $1,008,000 $252,000
2022 $9,753 $817,670 $590,107 $227,563
2021 $9,634 $801,638 $578,537 $223,101
2020 $9,732 $793,419 $572,605 $220,814
2019 $9,344 $777,863 $561,378 $216,485
2018 $9,290 $762,612 $550,371 $212,241
2017 $9,085 $747,660 $539,580 $208,080
2016 $8,881 $733,000 $529,000 $204,000
2015 $6,252 $519,329 $436,524 $82,805
2014 $6,276 $509,157 $427,974 $81,183
Source: Public Records

Agents Affiliated with this Home

  • Tracy Do

    Seller's Agent in 2022

    Tracy Do

    Coldwell Banker Realty

    (323) 842-4001

    16 in this area

    840 Total Sales

    Tracy Do
    Section Image

  • R

    Seller Co-Listing Agent in 2022

    Richard Michalowski

    Compass

    (213) 494-7362

    6 in this area

    97 Total Sales

    Richard Michalowski
    Section Image
  • Mary Regal

    Buyer's Agent in 2022

    Mary Regal

    Compass

    (310) 913-7651

    4 in this area

    170 Total Sales

    Mary Regal
    Section Image
  • Rob Kallick

    Buyer Co-Listing Agent in 2022

    Rob Kallick

    Compass

    (323) 775-6305

    9 in this area

    457 Total Sales

    Rob Kallick
    Section Image
  • Bryony Atkinson

    Seller's Agent in 2015

    Bryony Atkinson

    MAISONRE

    (877) 468-7301

    1 in this area

    52 Total Sales

    Bryony Atkinson
    Section Image
  • Abigail Dotson

    Seller Co-Listing Agent in 2015

    Abigail Dotson

    MAISONRE

    (310) 210-0940

    2 in this area

    58 Total Sales

    Abigail Dotson
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-201769

The MLS

APN: 5304-005-033

California Los Angeles County Los Angeles 90031 Montecito Heights

968 Montecito Dr, Los Angeles, CA

This home is located at 968 Montecito Dr, Los Angeles, CA 90031 since 30 September 2022 and is currently estimated at $1,436,213, approximately $1,056 per square foot. This property was built in 1965. 968 Montecito Dr is a home located in Los Angeles County with nearby schools including Latona Avenue Elementary School, Florence Nightingale Middle, and Benjamin Franklin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes