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3908 Park Place

La Crescenta, CA 91214
  • $1,349,000
  • STATUS: Active
  • ON SITE: 90 Days
  • ID#: P1-25133
UPDATED: 34 min ago
$1,349,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

Listing Agent(s): Brent Ballard of eXp Realty of Greater Los Angeles ((888) 652-1314) and Trey A Ballard of eXp Realty of Greater Los Angeles((888) 652-1314)


Description

Unlock a rare opportunity in one of the most desirable pockets of the Foothills. Just minutes from vibrant downtown Montrose and approximately 15 minutes from downtown Los Angeles, this duplex sits on a highly versatile lot with the potential to expand to 4-6 units (buyer to verify).The existing structures are in need of renovation, making this an ideal value-add project for investors, developers, or builders looking to capitalize on strong rental demand and a rapidly appreciating area. With flexible zoning, excellent frontage, and a neighborhood known for its walkability, dining, and boutique retail, this property offers the perfect foundation for a profitable redevelopment or long-term hold.Opportunities in locations this stronga"paired with true upside potentiala"do not come around often. Bring your vision and transform this underutilized duplex into a high-performing multi-unit asset.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-09T19:32:03.493. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/171214962
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3908 Park Place La Crescenta, CA 91214

  • Price: $1,349,000
  • Status: Active
  • On Site: 90 Days
  • Updated: 34 min ago
  • ID#: P1-25133
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1951
Built
Neighborhood:
Not Applicable
County:
Los Angeles
Property Description
Unlock a rare opportunity in one of the most desirable pockets of the Foothills. Just minutes from vibrant downtown Montrose and approximately 15 minutes from downtown Los Angeles, this duplex sits on a highly versatile lot with the potential to expand to 4-6 units (buyer to verify).The existing structures are in need of renovation, making this an ideal value-add project for investors, developers, or builders looking to capitalize on strong rental demand and a rapidly appreciating area. With flexible zoning, excellent frontage, and a neighborhood known for its walkability, dining, and boutique retail, this property offers the perfect foundation for a profitable redevelopment or long-term hold.Opportunities in locations this stronga"paired with true upside potentiala"do not come around often. Bring your vision and transform this underutilized duplex into a high-performing multi-unit asset.
Exterior Features

Fencing None Lot Features Sprinklers None Number Of Separate Electric Meters 0 Parking Features Driveway Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling YN Yes Fireplace YN Yes Heating YN Yes

Property Features

Association Fee 0 Community Features FoothillsSuburbanValley Garage YN No Gross Income 62400 Gross Scheduled Income 62400 Insurance Expense 2500 Land Lease YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 Exchange Net Operating Income 60528 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 26686 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Trash Expense 913 Vacancy Allowance Rate 3



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-09T19:32:03.493. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Brent Ballard of eXp Realty of Greater Los Angeles ((888) 652-1314) and Trey A Ballard of eXp Realty of Greater Los Angeles((888) 652-1314)