3908 Park Place La Crescenta, CA $ 1,398,000
3908 Park Place
$ 1,398,000
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3908 Park Place

La Crescenta, CA, 91214
$ 1,398,000
Baths1.0 Sq 1,008

Monthly Estimate*

$ 8,722

Listed by eXp Realty of Greater Los Angeles
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Studio

Multi-Family Home for sale in La Crescenta, CA

for $1,398,000 with 1 full bath. This 1,008 square foot home was built in 1951 on a lot size of 0.2524.

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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Multi-Family Active

Price

$ 1,398,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2524

Year Built

1951

Town/City

La Crescenta

County/Region

Los Angeles

MLS | Web ID

P125133

Days on Market

20

Features
General
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1951
View None
Stories Count 1
Levels One
Gross Income 62400
Community Features Foothills Suburban Valley
County Los Angeles
Net Operating Income 60528
Operating Expense 26686
Insurance Expense 2500
Property Type Residential Income
Subdivision Name Not Applicable
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Behind Marshalls off of Verdugo Blvd
City La Crescenta
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 10996
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 913
Rent Control Y/N false
Standard Status Active
Year Built Source Public Records
Tax Lot 98
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Interior
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Total Baths 0
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Exterior
Fencing None
Parking Features Driveway
Lot Features Sprinklers None
Total Parking 2
Lot Size Area 10996
Number of Buildings 2
Spa false
Building Area Total 1008
Lot Size Acres 0.2524
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 0
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* Excluded Features
List By
Exp Realty Of Greater Los Angeles

Broker

brent.ballard@exprealty.com

Email

Affordability Calculator

$8,722
Per Month
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Monthly Principal & Interest
$8,722
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/8/2025$1,398,000 Listed Price

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3908 Park Place, La Crescenta, CA, 91214 is a Multi-Family Home for sale at $1,398,000 with 1,008 sqft and a lot size of 0.2524. 3908 Park Place is a studio with 1.0 baths and was built in 1951. The property's zip code is 91214 which is in La Crescenta, CA