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3908 Park PlaceLa Crescenta, CA 91214

Not Applicable · Los Angeles County

$1,149,000List price
0.25Acre lot
10 months agoOn market

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.

Property Information

Property type
Land
Lot size
0.25 acres
Zoning
R3
Days on market
305
MLS® Listing#
P1-25132

Property Features

Fencing
None
Community
Suburban
Water source
Public
Parcel number
5807012005

Directions

Behind Marshalls, off of Verdugo Blvd

Listing Courtesy: eXp Realty of Greater Los Angeles - (818) 919-0282

Presented by: Brent Ballard and Trey A Ballard

Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-02 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Licensed in the state of California.

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