3908 Park Place, La Crescenta, California, United States, 91214

1,149,000
for Sale
10,996

About the property:

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.
Property Type:
Multi-Family Home
Status:
for Sale
Acres:
0.2524
Square Feet:
1008
Directions:
Behind Marshalls off of Verdugo Blvd
Is Multi Family:
Yes
Is Retail:
Yes
Is Unit:
Yes
Listing ID:
P1-25133

Rooms

Dimensions

Brokered by:
Exp Realty Of Greater Los Angeles
Presented By:

Seta Rostomian

Sales Representative

Berkshire Hathaway HomeService Crest Real Estate