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3117 Harmony Place, La Crescenta, California 91214, La Crescenta, 91214 - 3 bed, 2 bath

3117 Harmony Place, La Crescenta, California 91214 home-pic-0
ACTIVE$1,499,000
3117 Harmony Place, La Crescenta, California 91214
3Beds
2Baths
2,189Sqft
9,645Lot
Year Built
1955
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$685
HOA
-
Days on market
-
Sold On
-
MLS number
BB24193921
Home ConditionFair
Features
Excellent View: Mountain(s), Trees/Woods
ViewMountain(s), Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 24% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.50M(66th), sqft - 2189(73th), beds - 3(50th), baths - 2(50th).

The Location speaks for itself. Spacious 3 bed 2 bath on a large flat lot(10ksqft) with vaulted high ceilings in the living room that enhances the character of the home. You have gorgeous panoramic mountain views from the living room. The property also has a beautiful sunroom that connects to the backyard. The beautiful backyard is a gardener's dream and offers opportunities to built the perfect pool, add sqft, or built additional units. The circular driveway offers plenty parking space as well. The Garage is also converted to a studio (includes bathroom/laundry/kitchenette) and perfect for guests/parents or to bring in additional income. This is a charming hope with endless opportunities located in great area, near great schools. A must see!

Condition Rating
Fair
Built in 1955, the property's main kitchen and bathrooms are significantly outdated, featuring older cabinets, laminate countertops, coil-burner range, and original-style colored tiles and fixtures. While the home appears well-maintained and functional, these key areas require substantial renovation to meet modern standards and appeal. The converted studio offers some updated features, but the primary living spaces reflect a property that is aged but maintained, with major components showing signs of being outdated.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9645, living area = 2189.
Prime Location & Schools: Situated in a highly desirable area of La Crescenta, offering excellent proximity to top-rated schools, enhancing its appeal to families.
Large Flat Lot with Development Potential: The expansive 9,645 sqft flat lot provides significant opportunities for adding a pool, expanding the existing square footage, or constructing additional units.
Panoramic Mountain Views: Features gorgeous panoramic mountain views from the living room, adding significant aesthetic value and desirability.
Converted Studio ADU/Guest Suite: The garage has been converted into a studio with a bathroom, laundry, and kitchenette, offering versatile space for guests, parents, or potential rental income.
Spacious Interior & Architectural Charm: A spacious 2,189 sqft home with vaulted high ceilings in the living room, contributing to an open feel and enhancing the property's character.

Cons

Significant Price Discrepancy: The listing price is 24% higher than the estimated property value, which may present a challenge in attracting buyers at the current price point.
Age and Potential for Updates: Built in 1955, the property's age suggests potential needs for updates to major systems (e.g., HVAC, plumbing, electrical) and interior finishes to meet modern standards, as no recent major renovations are specified.
Converted Garage Permitting: The converted garage studio, while offering flexibility, may raise questions regarding proper permitting and compliance, which could require buyer due diligence.

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