Properties

La Crescenta, CA 91214 3908 Park Place

3908 Park Place La Crescenta, CA - Image 13908 Park Place La Crescenta, CA - Image 23908 Park Place La Crescenta, CA - Image 3
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Presented By: Brent Ballard with eXp Realty of Greater Los Angeles; (818) 919-0282
  • MLS# P125133
  • 12/02/2025
  • Get pre-approved
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  • Baths • 1
  • SQFT • 1,008

Home Details

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.
Presented By: Brent Ballard with eXp Realty of Greater Los Angeles; (818) 919-0282

Interior Features for 3908 Park Place

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Common WallsNo Common Walls
Fireplace Y/NYes
Heating Y/NYes

General for 3908 Park Place

CityLa Crescenta
Community FeaturesFoothills, Suburban, Valley
CountyLos Angeles
DirectionsBehind Marshalls off of Verdugo Blvd
Garage Spaces
Garage Y/NNo
Gross Income62400
HOA Fee$
Insurance Expense2500
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet10996
Lot Size UnitsSquare Feet
Net Operating Income60528
Operating Expense26686
Pool FeaturesNone
PostalCityLA CRESCENTA
Property Attached Y/NNo
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameNot Applicable
Tax Lot98
Trash Expense913
ViewNone
Year Built1951
Year Built SourcePublic Records

Exterior for 3908 Park Place

Building Area Total1008
FencingNone
Lot FeaturesSprinklers None
Lot Size Acres0.2524
Lot Size Area10996
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters0
Number of Separate Gas Meters0
Number of Separate Water Meters0
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking2

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,249,000
MLS#P125133
List Date 12/02/2025
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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