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$1,045,000

Beds
3
Baths
1.0
sq ft
1,251

1124 Montecito Dr, Los Angeles, CA 90031

1124 Montecito Dr

Los Angeles, CA 90031

  • 179 days on market
Secluded private living minutes from downtown L.A, Keck Medical Center, and USC Medical School. Your chance to own a one of a kind architectural dream! Discover this stunning Mid Century Modern 2-bedroom, 1-bathroom + an office 'platform house' nestled in the beautiful rolling hills of Montecito Heights. It is one of the 23 homes crafted by acclaimed builders Richard Kerney (who designed Truman Capote's Beverly Hills home) and John Pugsley. Part of the 'Montecito Drive Residential Historic District' this unique home boasts stunning panoramic views through expansive windows that flood the space with natural light. The interior blends modern elegance with mid-century charm, featuring an open layout and a chef's kitchen with a large island and stainless steel appliances. Outside, the spacious patio and balcony extends the living area, offering an ideal spot for al fresco dining, morning yoga sessions, or simply unwinding while soaking in the beauty of nature. The versatile bonus room with a private entrance can serve as an office, art or music studio, or whatever else you can imagine! This property also boasts another impressive feature: 28 owned solar panels that harness the power of the sun to fuel your daily life! With its unparalleled views, luxurious interiors, and secluded setting, this property represents the pinnacle of hillside luxury living in Southern California.

Details

Property type

Single Family Residence

Est. home value

$1,004,624

Property condition

Updated/Remodeled

Lot size

4,425 sq ft

Price per sq ft

$836

Year built

1964

HOA

No

Price History

01/07/2025
CRMLS

CRMLS #PW24145651

Price change
$1,045,000
+16.76%
12/05/2024
CRMLS

CRMLS #PW24145651

Removed
$895,000
11/19/2024
CRMLS

CRMLS #PW24145651

Price change
$895,000
-10.32%

Schools & Community

Neighborhood: 

Montecito Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

High school district: 

Los Angeles Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Valon Mortgage Inc

Loan start date

December 2023

Original loan amount

$358,900

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

New Conventional, 30 year

Seller

Celeste Ann Punsal

Lender

Bank Of America Na

Loan start date

September 2023

Original loan amount

$225,000

Est. remaining balance

Not provided

Interest rate

6.96%

Loan type

Credit Line (Revolving)

Seller

Celeste Ann Punsal and Norman Punsal

Lender

Fbc Mortgage Llc

Loan start date

August 2018

Original loan amount

$250,000

Est. remaining balance

$193,709

Interest rate

4.55%

Loan type

New Conventional, 20 year

Seller

Celeste Ann Punsal and Norman Punsal

Lender

First Franklin Fin

Loan start date

April 2002

Original loan amount

$128,000

Est. remaining balance

Not provided

Interest rate

7%

Loan type

Not Provided, 30 year

Seller

Norman Punsal and Celeste Ball

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/10/2025 at 11:00 PM

Listing updated: 01/09/2025 at 2:35 AM

Listed by: Sidney Marzioli, One Realty Group Phone #: (800) 257-6021

MLS: CRMLS #PW24145651

CRMLS logo

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