600 Montecito, Los Angeles, California 90031, Los Angeles, 90031 - 3 bed, 3 bath
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Los Angeles, California 90031
This property presents a High-Potential Investment Opportunity with a List Price of $1,200,000—positioned slightly above the $1,170,073 Fair Market Value. While the property requires capital for the unfinished lower level, its Fair Condition Rating and unique multi-unit configuration offer significant upside. Featuring picturesque canyon views and a 5-bedroom main house with an attached ADU, this asset provides exceptional rental income potential. It is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants looking to complete a value-add project in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 600 Montecito Subject | $1,200,000* List Price | 3 | 3 | 2,300 | $509 | - |
A 3728 Borel Sold | $851,000 | 3 | 2 | 2,100 | $405 | 0.5 mi |
B 757 E Avenue 43 Sold | $1,098,000 | 4 | 3 | 2,297 | $478 | 0.2 mi |
C 3737 Rolle Sold | $1,098,000 | 3 | 2 | 1,628 | $674 | 0.6 mi |
D 3745 Roberta Sold | $985,000 | 3 | 3 | 1,656 | $595 | 0.4 mi |
E 3680 Rolle Active | $840,000 List Price | 3 | 2 | 1,632 | $515 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (28 years old), the property falls into the 'Fair' category as it is over 20 years old with a dated kitchen featuring original oak cabinetry and tile. While functional, the listing's description as a 'flipper's dream' and the presence of an unfinished 1/1 addition indicate that the home requires updates and construction completion to meet modern standards.
Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
The property features a unique configuration including a 5-bedroom main house, an attached 1/1 ADU, and a third unfinished 1/1 unit, offering exceptional versatility for rental income or multi-generational living.
Situated in the highly sought-after Montecito Heights, the home provides picturesque canyon views and excellent proximity to Downtown LA, Pasadena, and local nature trails.
The bottom level is an incomplete project that requires immediate capital investment and construction expertise to finalize, which may complicate traditional financing for some buyers.
The ADU shares an interior hallway portion with the main house, and the multi-level 'flipper' condition suggests a complex layout that may require thoughtful reconfiguration to maximize privacy and flow.
598, 600, and 600 1/2 Montecito Dr. located in highly sought after Montecito Heights with picturesque views of the canyon from high above is a flipper's dream! Enter on the third level of the structure, and main house consisting of 5 bedrooms and 3 bathrooms is on levels 2 and 3. Attached 1/1 ADU with its own separate entry and address at 600 1/2 Montecito Dr is uniquely attached to main house and shares a small interior hallway portion. 598 Montecito on the first level with its own separate entrance from the exterior appears to be a 1/1 addition that was a project in development that is unfinished, but ready to be completed by an enterprising buyer. Note that this first bottom level is completely independent of levels 2 and 3 where the main house and ADU are situated. Convenient access to downtown Los Angeles, Pasadena, Dodger Stadium and trails and nature abound with this wonderfully located property. Property is ideal both for a flipper to upgrade the property on levels 2 and 3 and finish construction on the bottom level OR an owner-occupier to move in and complete the upgrades at their leisure. This is a very unique property with potential galore in a coveted location that won't last long at this price!
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.8 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 2,300 | 1,416.5 | 92% |
| Lot Size | 6,268 | 4,940.5 | 82% |
| Price | $1.20M | $962.0K | 74% |
| Price per sq ft | $522 | $707 | 18% |
| Built year | 1998 | 1926 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 116 | 3% |
May 26, 2026
$1,200,000
Initial Listing