Land with RTI
For Sale
$249,000
1198 Montecito Dr, Los Angeles, CA 90031
Land, Los Angeles, CA
Property SizeContact for details
Lot Size0.08 Acres
Days on Market138
Property Features for 1198 Montecito Dr
General Information
Property type
Land
Property subtype
Other
Zoning
LAR1
Lot features
Single Lot
View
Hills, City
Directions
From 110 FWY, go east on E Avenue 43, left on Griffin Ave, right on Montecito Dr.
Subdivision
Montecito Heights
Standard status
Active
APN
5304-010-025
Lot size
0.08 Acres
Listing Agency:
Keller Williams Beverly Hills · Keller Williams Realty
(310) 432-6400
Listed By:
Shawn S. Kormondy · License #01451888
(323) 638-7567
Added: Apr 14
Changed: Aug 19
Last Checked: Aug 29 at 12:06PM
MLS# 26725425
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property presents an opportunity to develop a new home in East Los Angeles. The approved plans feature a 3-bedroom, 2-bathroom residence of approximately 1,162 square feet, with terraces on each level to capture views of the city and hillside. The project also includes a 685 square foot Accessory Dwelling Unit (ADU) and a two-car garage, which may be converted into an additional ADU. The property is situated on an approximately 3,695 square foot downslope lot zoned R1. It is one of the last remaining lots of its kind on Montecito Drive. Utilities are nearby. The property is centrally located in Montecito Heights, minutes from Downtown Los Angeles. The intended use is for residential development.
Key Highlights
- RTI (Ready‑To‑Issue) plans for a new 3‑bedroom, 2‑bathroom home of approximately 1,162 SF
- Includes plans for a 685 SF ADU (Accessory Dwelling Unit)
- Stunning city and hillside views from expansive terraces on each level
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
Explore this area
Business Placement
Demographics for 90031, CA
37,333
Population
12,686
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
66%
High-School Grad
3.5 sq mi
ZIP Area
10,667
Density / Sq Mi
$62,119
Median Household Income
$34,356
Median Earnings
$1,487
Median Rent
$758,500
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Land - Land with approved plans for a new home and ADU.
Where is this land located?
The property is located at 1198 Montecito Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: RTI (Ready‑To‑Issue) plans for a new 3‑bedroom, 2‑bathroom home of approximately 1,162 SF; Includes plans for a 685 SF ADU (Accessory Dwelling Unit); Stunning city and hillside views from expansive terraces on each level
