775 Montecito Drive, Los Angeles, California 90031, Los Angeles, 90031 - 3 bed, 3 bath
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775 Montecito Drive
Los Angeles, California 90031
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,579Sq Ft
3,616Lot Size
Property Price
LIST PRICE$1,099,000
EST. MARKET VALUE
$1,080,177
SUMMARY
This Architecturally Reimagined Single Family Residence is a High-Potential Investment Opportunity, listed at $1,099,000—positioned slightly above the $1,080,177 Fair Market Value. While the property requires a known repair, the seller is offering a credit, providing a unique path to build equity. Featuring a Condition Rating of 3, the home offers minimalist design, picturesque hillside views, and proximity to top-rated South Pasadena schools. This property balances modern aesthetic appeal with value-add potential, making it an ideal acquisition for Owner-Occupants or Value-Focused Buyers seeking a NELA lifestyle.
Estimated Market Value
$1,080,177
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 775 Montecito Drive Subject | $1,099,000* List Price | 3 | 3 | 1,579 | $684 | - |
A 4040 Sinova Street Sold | $1,127,000 | 3 | 3 | 1,592 | $708 | 0.2 mi |
B 531 E Avenue 39 Sold | $855,000 | 3 | 2 | 1,291 | $662 | 0.4 mi |
C 4112 Telluride Active | $799,900 List Price | 3 | 2 | 1,158 | $691 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2007, this 19-year-old property falls within the 10-20 year age bracket. While it has been 'architecturally reimagined' with modern minimalist plywood finishes, updated appliances, and contemporary bathrooms, the seller's disclosure of a 'known repair' and the structural age prevent an 'Excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
- Modern Architectural Design
The home features a minimalist, architecturally reimagined interior with clean lines, plywood finishes, and picturesque hillside views that cater to contemporary aesthetic tastes.
- Desirable NELA Location
Situated in the quiet Montecito Heights neighborhood, the property offers excellent proximity to outdoor recreation at Debs Park and the vibrant dining scene along Figueroa.
CONSRISKS & DEFICIENCIES
- Disclosed Maintenance Issues
The requirement for a 'known repair' suggests immediate post-close work is necessary, which may deter buyers looking for a completely turn-key experience.
- Underperforming Local Schools
The closest assigned elementary school has a low rating of 2/10, which could be a significant drawback for families prioritizing public school performance.
About 775 Montecito Drive
Above it all in Montecito Heights. This 3 bed, 2.5 bath has been architecturally reimagined with clean lines and cool breezes. Minimalist by design, with plywood flooring and finishes carried through every room. A living room fireplace anchors the main space. A reading nook doubles as hidden storage. Modern appliances throughout. Every bedroom is generously sized, and the primary suite has its own fireplace, perfect for lighting a fire, reading in bed, and gazing out at the gorgeous hillside through your picturesque window. Seller is offering a credit at close of escrow for a known repair, a rare chance to build in equity from day one. Ask your agent for details. Montecito Heights is a small, quiet neighborhood in NELA people dream about and rarely find, with incredible hiking right at Debs Park and the Audubon Center. Minutes to everything cool on Figueroa: For the Win, Highly Likely, Kitchen Mouse, Civil Coffee, Hippo, Checker Hall, Amiga Amore to name a few.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 3,616 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Latona Avenue Elementary School
Grades K-6 • 0.2 mi
6/10
Huntington Drive Elementary School
Grades K-6 • 0.7 mi
4/10
Hillside Elementary School
Grades K-5 • 0.8 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,579 | 1,664.159 |
| Lot Size | 3,616 | 6,066.556 |
| Price | $1.10M | $1.35M |
| Price per sq ft | $696 | $806 |
| Built year | 2007 | 1939 |
| HOA | $0 | $278 |
| Days on market | 1 | 55 |
Pricing History
Listed for Sale
Sep 8, 2026
$1,099,000
Initial Listing
Sold
May 4, 2018
$625,000
Public Record