Joanie DiMatteo-Godsey

Joanie DiMatteo-Godsey

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$1,198,000

($238,848 down)
FHA

1100 Montecito Drive, Los Angeles, CA 90031

2
1
1,071 sqft
PITI Monthly
$8,271.89 /mo

Listing courtesy of: Tabitha Vogelsong-Vargas, Berkshire Hathaway Home Serv.

Assumed Rate

6.16%
7.15%

Principal & Interest

$6,024 /mo
$6,672 /mo

What's Special

DINING
SPACIOUS
MODERN
RENOVATED
PATIO
HISTORIC
EFFICIENT

A rare opportunity to own one of the last 23 remaining mid-century modern platform homes in Montecito Heights known as "The Cliffs". 1100 Montecito Drive is a striking example of 1964 architectural innovation by Richard Kearney and John Lawrence Pugsley. Perched on steel cantilevers that extend dramatically over the canyon, this home exemplifies the bold design and engineering that defined the era—blending architectural vision with breathtaking views. Thoughtfully renovated in 2018 by the acclaimed design firm Oficina.LA, this 2-bedroom, 1-bathroom residence stays true to its mid-century roots while offering the comforts of modern living. Solid Douglas Fir flooring and custom millwork mirror the beauty of the original exposed beam, creating visual harmony throughout the open-concept living, dining, and kitchen spaces. The upgraded kitchen features sleek plywood cabinetry and high-end appliances, including a Viking professional gas range, Viking refrigerator, Bosch dishwasher, and Kartell pendant light fixtures—all centered around a custom-built farm table, perfect for entertaining. The beautifully designed bathroom includes premium finishes like a Duravit tub, double sink, Hansgrohe fixtures, and marble flooring. Walls of dual-glazed glass sliders bathe the home in natural light and lead to a private outdoor patio with panoramic canyon views. The expansive 7,000 SF lot includes a fully enclosed front yard and a spacious covered terrace tucked beneath the home—ideal for outdoor dining or lounging. Extensive system upgrades ensure long-term comfort and efficiency, including all-new plumbing and electrical, a cool roof coating, a new central HVAC system, and energy-efficient dual-pane doors. These improvements seamlessly blend modern performance with timeless design. Located within the Montecito Drive Residential Historic District, this property is not just a home—it’s a rare piece of Los Angeles architectural history. Set in a vibrant community with easy access to Highland Park’s shops and restaurants, DTLA, Debs Park hiking trails, and nearby Pasadena, 1100 Montecito Drive offers the perfect balance of heritage, design, and livability.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.16
Remaining Loan Term
27 years, 8 months
Monthly PITI
$8,271.89/mo
Estimated Loan Balance
$960,247
Cash to close
$238,848
Interest Paid
$140,043

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: VerticalSiding, WoodSiding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, LivingRoom, WoodBurning
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: MidCenturyModern
Materials
  • VerticalSiding, WoodSiding
  • Roof: Composition
Condition
  • Year Built: 1964
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Mountainous
HOA
  • Has HOA: No
Location
  • Region: Los Angeles

Financial Details

  • Price per Sqft: $1,118.58
  • Tax Annual Amount: $14975
  • On Market Date: 2025-04-03T00:00:00.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $238,848 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $238,848!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.16% Sellers Rate
$959,152
Your Cash$238,848
Total Purchase Price:$1,198,000

Assumed vs Traditional Mortgage

Assumed @ 6.16%
$6,024/mo
Traditional @ 7.5%
$6,920/mo
You save $896/month ($10,752/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PF25070587

Listing From:

Last updated: 2025-04-05T00:01:11.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

6.16%
7.15%

Principal & Interest

$6,024 /mo
$6,672 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $238,848 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $238,848!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.16% Sellers Rate
$959,152
Your Cash$238,848
Total Purchase Price:$1,198,000

Assumed vs Traditional Mortgage

Assumed @ 6.16%
$6,024/mo
Traditional @ 7.5%
$6,920/mo
You save $896/month ($10,752/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Compass
Agent/Broker
Joanie DiMatteo-GodseyCompass(480) 457-0340joanie@azhomesbyjoanie.comMLS

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