1040 Montecito Los Angeles, CA ^$ 350,000

1040 Montecito

^$ 350,000

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1040 Montecito

Los Angeles, CA, 90031

^$ 350,000

Studio Baths0.0

Monthly Estimate*

^$ 2,445

Listed by WORK REALTY ADVISORS

1040 Montecito, Los Angeles, CA 90031 - Image 1

1040 Montecito, Los Angeles, CA 90031 - Image 2

Studio

Lots and Land for sale in Los Angeles, CA

for $350,000. The lot size is 0.1668.

***ALL PERMITS (Including B Permit) RTI*** Welcome to 1040 Montecito Heights, where your dream of building your perfect home with breathtaking views of Los Angeles becomes a reality. This pristine corner lot has plans ready for construction, an unparalleled opportunity to create your custom oasis in one of the city's most coveted locations. Perched high atop Montecito Heights, this property boasts an awe-inspiring panorama that stretches across the sprawling expanse of Los Angeles, showcasing iconic landmarks such as the renowned Hollywood Sign and Griffith Park Observatory. Imagine waking up to the glittering city skyline, with the Hollywood Hills as your backdrop, and relishing in the serene beauty of the surrounding landscape. With plans already in place, you can seamlessly bring your vision to life, whether it's a contemporary masterpiece, a charming retreat, or anything in between.

Lots and Land Active

Price

^$ 350,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

0.1668

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

CV24027323

Days on Market

Features

General

Zoning [Q]R1-1D-HCR

HOA 0.0

View Neighborhood

Community Features Suburban

County Los Angeles

New Construction N

Property Type Land

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Drive up Montecito Dr until you reach the intersection between Montecito Dr and Radio Rd.

City Los Angeles

View Y/N Y

Senior Community Y/N N

MLS Area 679 - Montecito Heights

Lot Size Square Feet 7265.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Montecito

Listing Terms Cash CashtoExistingLoan CashtoNewLoan Conventional Item1031Exchange FHA VALoan

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 49

Standard Status Active

Exterior

Lot Features Item01UnitAcre CornerLot

Water Source Public

Lot Size Area 7265.0

Spa N

Lot Size Acres 0.1668

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Electric On Property Y/N N

Internal Only

Street Number 1 1040

* Excluded Features

List By

Work Realty Advisors

Broker

(909) 908-5859

Phone

Affordability Calculator

$2,445

Per Month

Monthly Principal & Interest: $2,445
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Los Angeles, CA

Average List Price ^$1,775,477

Percent of Sale Price 407%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/22/2024	$350,000	-17.65%	Price Down
3/11/2024	$425,000	-15.00%	Price Down
3/4/2024	$500,000		Listed Price

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1040 Montecito, Los Angeles, CA, 90031 is a Lots and Land for sale at $350,000 with a lot size of 0.1668. 1040 Montecito is a studio with 0.0 baths. The property's zip code is 90031 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/27/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1040 Montecito

Lots and Land for sale in Los Angeles, CA

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