950 Montecito Drive, Los Angeles, California 90031, Los Angeles, 90031 - 4 bed, 2 bath
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Los Angeles, California 90031
This Stylish Montecito Heights View Home is a High-Potential Investment Opportunity, listed at $999,000—positioned well below the $1,162,279 Fair Market Value by 14%. This valuation gap offers $163,279 in Instant Equity. Featuring a Move-In Ready Condition Rating, the property boasts panoramic mountain views, a modern designer kitchen, and access to top-rated schools like South Pasadena Middle. The expansive 7,410 sqft lot provides significant outdoor potential. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 950 Montecito Drive Subject | $999,000* List Price | 4 | 2 | 1,535 | $757 | - |
A 1158 Montecito Drive Sold | $1,250,000 | 3 | 2 | 1,484 | $842 | 0.1 mi |
B 531 E Avenue 39 Sold | $855,000 | 3 | 2 | 1,291 | $662 | 0.2 mi |
C 137 E Avenue 42 Active | $1,150,000 List Price | 4 | 2 | 1,700 | $676 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant modern updates, particularly in the kitchen which boasts contemporary flat-panel cabinetry, solid surface countertops, and stainless steel appliances. The interior is well-maintained with high-quality hardwood flooring, recessed lighting, and clean carpets in the bedrooms. While the home was built in 1978, the style and condition of the major living areas and kitchen indicate extensive renovations likely performed within the last 5 to 15 years, showing minimal wear and tear.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7410, living area = 1535.
Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Perched among the treetops in Montecito Heights, this stylish home has high ceilings and is bathed in natural light. Expansive windows feature spectacular views of Mount Washington, the Hollywood Hills and the Verdugo Mountains. The main level features warm hardwood floors and a split-level living area with an elevated dining room and a well-appointed kitchen. A powder room and laundry complete the upper level, along with the full-sized attached two car garage. Downstairs find four bedrooms and a full bath, including one oversized primary that could also serve as a recreation room or home studio. The large lot features a row of mature cypress trees and offers enormous potential for the intrepid gardener.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,535 | 1,431.5 | 54% |
| Lot Size | 7,410 | 4,967.5 | 77% |
| Price | $999.0K | $969.5K | 54% |
| Price per sq ft | $651 | $703 | 35% |
| Built year | 1978 | 1928 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 167 | 4% |
Mar 30, 2026
$999,000
Initial Listing