For SaleRisky Deal7 days on market
857 Montecito Dr
857 Montecito Dr, Los Angeles, CA 90031, Los Angeles, CA 90031
$995,000
Estimate®:$995,400$400 Under Market
Listing Price
857 Montecito Dr, Los Angeles, CA 90031
Loc: Los Angeles, CA
Days Listed
7
Tax Assessed
$765k
Estimate®
$995k
0% Under Valued
Lot Size
10,438 sqft
Rent Estimate
$4,602/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Latona Avenue Elementary School
K-6
0.2 mi away
6
Florence Nightingale Middle School
6-8
1.2 mi away
6
Abraham Lincoln Senior High School
9-12
1.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
mid-century modernarchitecturalcantileveredcorrugated metal sidingstone veneergeometricminimalistpost-and-beamcarportelevated structureearthy tonesasymmetricalcontemporary aesthetic
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.10%
Total ROI
26.1%
Cash Flow
$-2,595/mo
DSCR
0.50
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,595/mo net cash flow with a 3.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Los Angeles, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-17 | Listed for sale | $995,000 | $796 |
| 2025-01-08 | Sold | $750,000 | $600 |
| 2024-11-27 | Contingent | $795,000 | $636 |
| 2024-10-30 | Listed for sale | $795,000 | $636 |
| 2018-01-19 | Listing removed | $2,600 | $2 |
| 2018-01-04 | Price change | $2,600 | $2 |
| 2017-11-29 | Listed for rent | $2,295 | $2 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $765,000 |
| 2025 | $7,791.9 | $635,000 |
| 2024 | $2,815.04 | $220,866 |
| 2023 | $3,764.47 | $216,537 |
| 2022 | $3,410.38 | $212,292 |
| 2021 | $2,597.94 | $208,130 |
| 2020 | $2,619.45 | $205,997 |
| 2019 | $2,619.45 | $201,959 |
| 2018 | $2,479.89 | $198,000 |
| 2017 | $2,479.89 | $194,118 |
| 2016 | $2,424.13 | $190,313 |
| 2015 | $2,357.83 | $187,455 |
| 2014 | $2,340.91 | $183,784 |
| 2012 | $0 | $179,368 |
| 2011 | $0 | $175,851 |
| 2010 | $0 | $174,538 |
| 2009 | $0 | $174,954 |
| 2008 | $0 | $171,524 |
| 2007 | $0 | $168,161 |
| 2006 | $0 | $164,865 |
| 2005 | $0 | $164,865 |
| 2004 | $0 | $158,466 |
| 2003 | $0 | $155,562 |
| 2002 | $0 | $152,512 |
| 2000 | $0 | $146,592 |
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