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$1,300,000
3117 Harmony Place, La Crescenta, California 91214
3Beds
2Baths
1,709Sqft
9,645Lot

Price Vs. Estimate

The estimated value ($1,300,000) is $0 (0%) lower than the list price ($1,300,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & School District: Nestled in a highly sought-after La Crescenta neighborhood, the property benefits from being in a top-rated school district (La Canada Unified), a significant draw for families and a strong value driver.
Top Cons:
Previous Buyer Failure: The listing explicitly states 'Buyer Failed to Perform,' which is a red flag that can raise concerns among potential buyers and may indicate underlying issues (e.g., inspection findings, appraisal gaps, or financing challenges) that caused the prior transaction to fall through.

Compared to the nearby listings

Price:$1.30M vs avg $1.34M ($-45,000)45%
Size:1,709 sqft vs avg 1,663.5 sqft51%
Price/sqft:$761 vs avg $79340%

More Insights

Built in 1955 (70 years old).
Condition: Built in 1955, this home is well-maintained with functional systems like central AC and hardwood floors. However, the kitchen and main bathroom feature significantly outdated styles, including older wood cabinets, dated granite countertops, and very dated tile and fixtures, suggesting renovations that occurred 15-30 years ago. Cosmetic updates are needed throughout to modernize the aesthetic, aligning with the 'fair' condition criteria.
Year Built
1955
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$761
HOA
-
Days on market
-
Sold On
-
MLS number
BB25171586
Home ConditionFair
Features
Good View: Neighborhood
Patio
ViewNeighborhood

About this home

Back on Market – Buyer Failed to Perform. Nestled in one of La Crescenta’s most sought-after neighborhoods, this well-maintained 3-bedroom, 2-bath home offers approximately 1,709 sq ft of comfortable living space on a generous 9,650 sq ft lot. Inside, you’ll find a bright and welcoming living room, a dining area with a cozy fireplace and vaulted ceilings, spacious bedrooms, central air conditioning, and a versatile sunroom/laundry room. The home features a newly paved circular driveway offering ample parking. The attached 2-car garage has been converted into a studio-style space with an additional bathroom and kitchenette—adding approximately 500 sq ft of extra living area (not included in the main square footage). Step into the expansive backyard and enjoy serene mountain views—ideal for play, entertaining, or even adding a future pool. A rare opportunity to create your dream home in a top-rated school district. Don’t miss it!

Condition Rating
Fair

Built in 1955, this home is well-maintained with functional systems like central AC and hardwood floors. However, the kitchen and main bathroom feature significantly outdated styles, including older wood cabinets, dated granite countertops, and very dated tile and fixtures, suggesting renovations that occurred 15-30 years ago. Cosmetic updates are needed throughout to modernize the aesthetic, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Prime Location & School District: Nestled in a highly sought-after La Crescenta neighborhood, the property benefits from being in a top-rated school district (La Canada Unified), a significant draw for families and a strong value driver.
Versatile Additional Living Space: The attached 2-car garage has been thoughtfully converted into a studio-style space with an additional bathroom and kitchenette, adding approximately 500 sq ft of flexible living area, ideal for guests, a home office, or potential ADU (Accessory Dwelling Unit) use.
Generous & Usable Lot: The expansive 9,650 sq ft lot features a large backyard with serene mountain views, offering ample space for outdoor activities, entertaining, and the potential to add a future pool, enhancing lifestyle and property value.
Desirable Interior Features & Comfort: The home includes central air conditioning, a cozy fireplace, vaulted ceilings in the dining area, and a versatile sunroom/laundry room, contributing to comfortable and functional living.
Ample Parking: A newly paved circular driveway provides significant off-street parking, a practical and convenient feature for residents and guests.

Cons

Previous Buyer Failure: The listing explicitly states 'Buyer Failed to Perform,' which is a red flag that can raise concerns among potential buyers and may indicate underlying issues (e.g., inspection findings, appraisal gaps, or financing challenges) that caused the prior transaction to fall through.
Unpermitted Garage Conversion: The converted garage's 500 sq ft of additional living space is noted as 'not included in the main square footage,' strongly suggesting it may be unpermitted. This could lead to appraisal issues, financing complications, and potential legal liabilities for a buyer.
Age of Property & Potential for Updates: Built in 1955, while described as 'well-maintained,' the property's age suggests that some systems or aesthetics may be original or dated, potentially requiring significant future investment for modern updates or deferred maintenance beyond what is visible.

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