3908 Park Place, La Crescenta, CA 91214

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List Price
$1,149,000
Price Change
▼ $46,000 1788229681
Status
ACTIVE
MLS#
P1-25133
Year Built
1951
Living Sq. Ft
1,008
Lot Size
10,996
Days on Market
126
Property Type
Multifamily
Neighborhood
Not Applicable

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 strong—paired with true upside potential—do not come around often. Bring your vision and transform this underutilized duplex into a high-performing multi-unit asset.

Additional Information

Land Lease Type
Fee
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None

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Calculator source: Real Geeks

Listing courtesy of eXp Realty of Greater Los Angeles.