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Closed
- Listed price
- $112,000
- Listed Dec 5, 2019
- Sold price
- $92,000
- Sold Feb 18, 2021
3,695 sqft lot00|379 MLS days on market
1198 E MONTECITO Dr, Los Angeles, CA 90031
Property Description
Development opportunity to build an amazing 2BR/2BA, 1,190+/- sf home on appx 3,695 sf lot, zoned R1. One of the last downslope lots left on Montecito Dr! Plans call for a stunning 2-story modern SFR with living area and bedrooms on the main floor and loft on 2nd floor, 2-car garage and large deck overlooking the amazing views! Plans are currently in plan check. Selling AS-IS. Plans & reports available upon request. Utilities nearby. Centrally located in the heart of Montecito Heights, just a short drive to DTLA. Buyer to verify all information and rely on their own investigations. Sold AS IS & WHERE IS. Drive by and MAKE OFFER. THIS IS A LAND DEVELOPMENT SALE ONLY.
Listing agent: Shawn S. KormondyDRE #01451888skor@SkorREG.com, Listing office: Keller Williams Beverly Hills
MLS data updated 10/27/2026, 6:26:06 PM PT
Source: CRMLSMLS #: 19535118
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$92,000
Feb 18, 2021
Available records32019–2021
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90031 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90031 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.