
La Crescenta, California 91214
Analysis of 2342 Panorama Drive, La Crescenta, California 91214 is currently available with a list price of $899,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the La Crescenta Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1937 and suffering from extensive fire damage, the property is currently unlivable with portions stripped to the studs. The kitchen is severely outdated with visible ceiling damage, and the description confirms the home is being sold for its land value and restoration potential rather than immediate occupancy.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13903, living area = 1934.
Situated in the highly desirable Briggs Terrace neighborhood within the award-winning Crescenta Valley School District, offering excellent long-term value and proximity to nature preserves.
The generous 13,903 sq.ft. lot features mature landscaping, brick courtyards, and a secluded setting that provides a peaceful retreat and ample space for outdoor development.
The property has sustained significant fire damage and is partially stripped to the studs, requiring a total renovation and substantial capital investment.
Sold in its present state via a Trust Sale, the home presents significant structural and cosmetic challenges that may limit financing options to cash or construction loans.
Located in the desirable Briggs Terrace neighborhood of La Crescenta, this 2-bedroom, 2-bathroom home offers 1,934 sq.ft. of living space on an expansive 13,903 sq.ft. lot. Originally built in 1937, the home reflects an early modern architectural influence with clean horizontal lines, walls of glass, warm wood finishes, and a thoughtful connection between the indoor and outdoor living spaces. The property has sustained extensive fire damage and is being sold in its present condition. A portion of the home has been taken down to the studs, offering a rare opportunity for restoration, renovation, or reimagining. Many of the home's original architectural features remain visible, providing an opportunity to preserve its distinctive character while creating a custom residence. Set back from the street and surrounded by mature trees and established landscaping, the property offers a peaceful and private setting. Brick courtyards, garden pathways, and multiple outdoor gathering spaces create a unique backdrop, while the generous lot and functional floor plan present tremendous potential. Located within the award-winning Crescenta Valley School District, the property is just moments from Two Strike Park, Deukmejian Wilderness Park, local hiking trails, and the shops and restaurants along Foothill Boulevard. Convenient access to Glendale, Pasadena, Burbank, and major freeways offers an ideal balance of peaceful residential living and everyday convenience. Whether restored to honor its architectural roots or thoughtfully reimagined, this is a rare opportunity for contractors, investors, or end users to transform a distinctive residence in one of La Crescenta's most sought-after neighborhoods. This is a Trust Sale, no court confirmation required.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,934 | 1,488.5 |
| Lot Size | 13,903 | 7,284.5 |
| Price | $899.0K | $1.42M |
| Price per sq ft | $465 | $811 |
| Built year | 1937 | 1952 |
| HOA | $0 | $0 |
| Days on market | 13 | 44 |
Jul 9, 2026
$899,000
Initial Listing