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$ 1,398,000
Est. payment /mo
Active
3908 Park Place La Crescenta, CA 91214
3 Beds
0.25 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-25133
Bedrooms 3
Lot Size 0.252 Acres
Property Sub-Type Res Income 2-4 Units
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.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Behind Marshalls off of Verdugo Blvd
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 5807012005
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Brent Ballard eXp Realty of Greater Los Angeles