728 Montecito Drive
Los Angeles, CA, 90031
$1,575,000
MLS: 26652365
Beds
5
Baths
4
Sq Ft
3,036
Lot
0.16 ac
Year Built
1989
MLS #
26652365
Days on Market
57
Listed
Feb 17, 2026
Description
Stunning 5-bedroom, 4-bath Spanish-style home nestled in the foothills of Montecito Heights with sweeping hillside views. Just moments from Debs Park's lake and scenic trails overlooking Downtown LA, this home offers rare privacy with city convenience. The home has a circular driveway and 2-car garage. The interior of the home features an updated kitchen, new flooring throughout, copper plumbing, and central HVAC. The main level showcases an expansive living and dining area with a dual-sided fireplace, and French doors opening to a balcony facing the Montecito Heights hillside. The primary suite offers 10-foot vaulted ceilings, private balcony, gas fireplace, walk-in closet, and spa-style soaking tub. Two secondary bedrooms also enjoy access to west-facing balconies. The lower level offers two generously sized bedrooms that can also function as a media lounge, entertainment space, or creative studio, along with a private office and spacious tiled bath. The versatile split-level layout is well-suited for growing families or for those seeking flexible space to adapt to their lifestyle needs. The backyard is thoughtfully designed for entertaining, featuring a spacious patio, built-in fire pit, and Jacuzzi, ideal for hosting gatherings or enjoying peaceful hillside evenings. Close to the vibrant cafes and restaurants of Figueroa Street, this home blends classic Spanish character, modern updates, and hillside living.
Location
Los Angeles, Los Angeles County, CA 90031
Open on Google Maps ↗Listed by: William Van Zandt · Rodeo Realty- Brentwood
Payment estimate
$11,241
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $157,500 · Loan: $1,417,500
- Principal & Interest
- $8,709
- Property tax (1.25%)
- $1,641
- Homeowners insurance
- $300
- Mortgage insurance
- $591
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $55,125 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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