885 Montecito, Los Angeles, California 90031, Los Angeles, 90031 - 3 bed, 2 bath
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Los Angeles, California 90031
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $999,999—positioned slightly above the $966,960 Fair Market Value. While the price reflects its Mint Condition Rating and recent high-end renovations, the property offers significant upside through its 11,253 sqft lot and rare rear access, perfect for an ADU addition. With proximity to Top-Rated South Pasadena Schools, this home balances modern lifestyle luxury with long-term development potential. It is an ideal acquisition for Owner-Occupants seeking a move-in-ready retreat or savvy investors targeting hillside appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 885 Montecito Subject | $999,999* List Price | 3 | 2 | 1,134 | $853 | - |
A 950 Montecito Drive Sold | $1,095,000 | 4 | 2 | 1,535 | $713 | 0.2 mi |
B 3209 Johnston Street Active | $825,000 List Price | 2 | 2 | 914 | $903 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1956, the property has undergone a comprehensive, high-end modern renovation within the last 5 years. The interior features new wide-plank flooring, vaulted ceilings, and updated fixtures, while the exterior shows a new pergola, deck, and fresh landscaping. The home is in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11253, living area = 1134.
Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
The expansive 11,253 sqft lot features rare rear access and parking for up to five cars, providing a significant opportunity to add value through the construction of an ADU or a detached garage.
The property was recently sold within the past year on 2026-03-04. The sold price is $750,000.00. The property was recently sold within the past year on 2026-03-05. The sold price is $800,000.00.
Despite its hillside location, the property only offers 'peek-a-boo' views rather than expansive panoramic vistas, which may be a drawback for buyers specifically seeking high-impact scenery.
The immediate neighborhood elementary schools carry low performance ratings (ranging from 1 to 4), which could impact long-term appreciation and appeal to families prioritizing public education.
Beautifully finished 3-bedroom, 2-bath Montecito Heights hillside retreat offering privacy, character, and modern style. Very unique property as it has rear access with plenty of parking, up to 5 cars and potential to build an ADU or garage! Step inside to vaulted ceilings and an open-concept floor plan seamlessly connect the kitchen, dining, and living areas, creating the perfect space for everyday living and entertaining. Enjoy effortless indoor-outdoor flow to multiple outdoor gathering spaces, including a spacious deck with peek-a-boo hillside and city views as well as front patio to enjoy the shade surrounded by mature trees and lush landscaping. This move-in-ready home combines a tranquil setting with the convenience of being just minutes from Downtown LA, Pasadena, and the best of Northeast Los Angeles
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.6 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,134 | 1,672 |
| Lot Size | 11,253 | 6,067 |
| Price | $1000.0K | $1.37M |
| Price per sq ft | $882 | $801 |
| Built year | 1956 | 1939 |
| HOA | $0 | $348 |
| Days on market | 8 | 56 |
Jul 14, 2026
$999,999
Initial Listing
Mar 5, 2026
$800,000
Public Record
Mar 4, 2026
$750,000
Public Record
Sep 15, 1998
$155,000
Public Record