2 months on rocket

724 Montecito Dr, Los Angeles, CA, 90031

$1,950,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,036 SqFt
$642/SqFt
House

Location

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724 Montecito Dr, Los Angeles$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1989
HeatingCentral
CoolingCentral Air
FireplacePrimary Bedroom
ViewCity Lights
MLS #OC24215361
Lot Size0.14 Acres
StatusActive

About 724 Montecito Dr

Spacious hillside retreat with stunning city lights view. Welcome to your dream home! This beautifully situated hillside house offers over 3,000 square feet of living space with breathtaking city lights view from every angle. Three bedrooms located upstairs with views from all three bedrooms. Recently renovated kitchen equipped with a full range perfect for the home chef. A bonus/bedroom located downstairs. A spacious driveway and garage that can accommodate up to five cars, ideal for guests. Very large backyard that provides ample space for outdoor entertaining. Relax in the living room while taking in the sweeping views of the city and surrounding nature. Enjoy access to nearby hiking trails and nature walks, offering the perfect blend of tranquility and adventure. This home is perfect for anyone looking for a peaceful retreat with the conveniences of city living just minutes away.

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Stories: 3
  • Living Area: 3,036 SqFt

Listing Office:

  • Office Name: Encore Real Estate
  • Office Email: PariRezaei@Gmail.com
  • Listing Agent: Pari Rezaei

Interior Features

Interior Information:

  • Interior: Balcony, Recessed Lighting, Unfurnished
  • Fireplace: Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Back Yard, Sprinklers
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Cross streets are Griffin and Montecito Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000
  • Price Per SqFt: $642/SqFt

Tax Information:

  • Annual Amount: $11,720
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

724 Montecito Dr vs Los Angeles

62 DAYS ON ROCKET

+24 Days

$1,950,000

+$928.4K More

$642/SqFt

+$2 More

KEY TAKEAWAY

This property is $928.4K more than the Median Sold Price and $2/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24215361

Listing Office:

  • Office Name: Encore Real Estate
  • Office Email: PariRezaei@Gmail.com
  • Listing Agent: Pari Rezaei

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 25, 2016Home Sold
$895,000
Jun 11, 2009Home Sold
$656,000
Apr 15, 1993Home Sold
$46,000
Apr 15, 1993Home Sold
$137,500
Apr 15, 1993Home Sold
$92,000
Sep 20, 1988Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,720$978,810
2020$11,365$968,774
2019$11,312$949,779
2018$11,063$931,157
2017$11,063$912,900

History based on county public records data.

Payment Calculator

$9,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4358923
6
/10

  • Latona Elementary School

  • 4312 Berenice Ave

  • 0.22 miles

  • Public District Grades PK-6

school-card-donut-4358924
5
/10

  • Huntington Drive Elementary

  • 4435 N Hntngtn Dr

  • 0.74 miles

  • Public District Grades KG-6

school-card-donut-4358925
5
/10

  • Hillside Elementary

  • 120 E Avenue 35

  • 0.92 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,272. Most Los Angeles, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 724 Montecito Dr

What is the listing price of this property?

The listing price of 724 Montecito Dr property is $1,950,000.

What type of property is this?

The property 724 Montecito Dr is a house located in Los Angeles, California, 90031.

Is this property for sale now?

Active Listing: 724 Montecito Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,720 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 25, 2016 for $895,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 724 Montecito Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 724 Montecito Dr is 3,036 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 724 Montecito Dr is 1989.

Rocket Homes›California›Los Angeles County›Los Angeles›90031›724 Montecito Dr

This home is located at 724 Montecito Dr in Los Angeles, CA and zip code 90031 in the Northeast LA neighborhood. This 3,036 square foot home, which was built in 1989, sits on a 0.14 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $1,950,000.

While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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