***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.
Sold for $375,000
Listed by: WORK REALTY ADVISORS • Nicholas Alvarez • Contact: 909-908-5859
Bought with: American Team Properties
$375,000
1040 Montecito Dr, Los Angeles, CA 90031
--beds
--baths
7,265Square Feet
Unimproved Land
Built in ----
7,265 Square Feet Lot
$-- Zestimate®
$--/sqft
$2,308 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,308/mo
Zestimate® history
Owner options
List your home for rent
$2,308/mo
Rent Zestimate®
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$2,308/mo
Rent Zestimate®
Refinance and save
$2,390/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,390/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Nicholas Alvarez DRE #01950605 909.908.5859,
WORK REALTY ADVISORS
Bought with:
Sandra Alvarez, DRE #01101117
American Team Properties
Source: CRMLS,MLS#: CV24027323
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Property
Features
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7,265 Square Feet
- Features: 0-1 Unit/Acre, Corner Lot
Details
- Parcel number: 5304006014
- Zoning: [Q]R1-1D-HCR
- Special conditions: Standard
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Suburban
Location
- Region: Los Angeles
Financial & listing details
- Tax assessed value: $160,162
- Annual tax amount: $1,929
- Date on market: 3/4/2024
- Cumulative days on market: 201 days
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2025 | Sold | $375,000+25.4% |
Source:  CRMLS #CV24027323 Report a problem | ||
| 1/31/2025 | Contingent | $299,000 |
Source: CRMLS #CV24027323 Report a problem | ||
| 11/25/2024 | Listed for sale | $299,000+99.3% |
Source: CRMLS #CV24027323 Report a problem | ||
| 2/22/2017 | Sold | $150,000+455.6% |
Source: Public Record Report a problem | ||
| 10/25/2016 | Sold | $27,000-15.6% |
Source: Public Record Report a problem | ||
| 9/30/2013 | Sold | $32,000-43.9% |
Source: Public Record Report a problem | ||
| 9/8/2004 | Sold | $57,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,929 +0.4% | $160,162 +2% |
| 2024 | $1,920 +2% | $157,022 +2% |
| 2023 | $1,883 +5.1% | $153,944 +2% |
| 2022 | $1,791 +1.1% | $150,926 +2% |
| 2021 | $1,771 -0.9% | $147,967 +1% |
| 2020 | $1,788 | $146,450 -6.2% |
| 2019 | $1,788 -3.5% | $156,060 +2% |
| 2018 | $1,853 | $153,000 +163.8% |
| 2017 | $1,853 +160.5% | $58,000 +75% |
| 2016 | $711 +71.7% | $33,136 +1.5% |
| 2015 | $414 +0.6% | $32,639 +2% |
| 2014 | $412 | $32,000 -49.4% |
| 2012 | -- | $63,253 +2% |
| 2011 | -- | $62,013 +0.8% |
| 2010 | -- | $61,550 -0.2% |
| 2009 | -- | $61,697 +2% |
| 2008 | -- | $60,488 +2% |
| 2007 | -- | $59,302 +2% |
| 2006 | -- | $58,140 |
| 2005 | -- | $58,140 +6805% |
| 2004 | -- | $842 +1.8% |
| 2003 | -- | $827 +2% |
| 2002 | -- | $811 +3.8% |
| 2000 | -- | $781 |
Find assessor info on the county website
Neighborhood: Lincoln Heights
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Nearby schools
GreatSchools rating
- 7/10Latona Avenue Elementary SchoolGrades: K-6Distance: 0.3 mi
- 6/10Florence Nightingale Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Abraham Lincoln Senior High SchoolGrades: 9-12Distance: 0.8 mi
- California
- Los Angeles County
- Los Angeles
- 90031
- Lincoln Heights
- 1040 Montecito Dr
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Los Angeles Topics
