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    42729 Montello Dr Lake Elizabeth, CA 93532

    For Sale
    $40,000

    LAND - Lake Elizabeth, CA

    Lot size:
    0.35 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 11 at 5:06 pm

    Property Features for 42729 Montello Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    3225040003
    Lot size
    0.35 Acres

    Utilities

    Utilities
    Electricity Available

    Tocchini Real Estate (415) 373-8400 [email protected]

    Listing agent Jerry V Tocchini (415) 373-8400

    Listing date Nov 26, 2025

    MLS# 219108332 Listing URL

    Copyright © 2025 California Desert Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land with Lake Elizabeth Views

    Two adjacent lots, identified as 003 and 004, offer an opportunity to build a home with views of Lake Elizabeth and the surrounding valley. The combined lot size is 0.35 acres. Electrical and water utilities are available at the street. The property is located in Lake Elizabeth, California, within Los Angeles County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Lake Elizabeth
    County
    Los Angeles
    State
    California
    Longitude
    -118.389156
    Latitude
    34.658943

    FAQs

    What type of property is this?
    Land - Two adjacent lots to build your dream home.
    Where is this land located?
    The property is located at 42729 Montello Dr Lake Elizabeth, CA.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: - Spectacular Lake Elizabeth and valley views; - Two adjacent lots included; - Ideal location to build a custom dream home
    (415) 373-8400
    Request Owner's contact information
    42729 Montello Dr Lake Elizabeth, CA 93532
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    Lake Elizabeth, CA 93532
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    42729 Montello Dr Lake Elizabeth, CA 93532
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