
La Crescenta, California 91214
This property presents a Strong Value Opportunity with a List Price of $849,000—positioned well below the $902,745 Fair Market Value by 5%. This valuation gap offers $53,745 in Instant Equity for the right buyer. Featuring a Fair Condition Rating and a large 7,298 sqft lot, the home offers significant renovation potential to modernize its 1955 footprint. Currently tenant-occupied, this is a Buy-and-Hold Investor asset ideal for Value-Add Investors seeking immediate rental income in a scenic foothill location.
Property is extensive renovation needed.
The property was built in 1955 (69 years old) with no mention of recent renovations, placing it well beyond the 30-50 year threshold for a major rehab. Exterior photos show significant clutter, non-operational vehicles, and deferred maintenance, while the 'investor opportunity' description suggests the kitchen, baths, and systems are likely original or severely dated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7298, living area = 1240.
Situated in a scenic foothill community near hiking trails and parks, the property offers a peaceful residential setting with convenient access to the 210 freeway and local amenities.
As a tenant-occupied property that will not be delivered vacant, it presents a turnkey opportunity for investors to generate rental income from the first day of ownership.
The property will not be delivered vacant, which significantly limits the buyer pool to investors and excludes traditional owner-occupants needing immediate residency.
With only 1,240 square feet for a three-bedroom home, the interior living areas may feel small for families or buyers accustomed to more spacious modern floor plans.
Situated on the border of Crescenta Highlands and Tujunga, this 3-bedroom, 2-bathroom home offers a unique opportunity in one of the most scenic foothill communities in Los Angeles. The property features a functional layout with comfortable living spaces and ample natural light, set against a backdrop of mountain views and mature trees. Located near hiking trails, parks, and local shops, the home enjoys a peaceful residential setting while still providing easy access to the 210 freeway and neighboring communities like La Crescenta and Sunland. Please note: the property is currently tenant occupied and will not be delivered vacant. This is a great opportunity for investors or buyers seeking a rental income stream from day one.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,240 | 1,817 | 21% |
| Lot Size | 7,298 | 7,476.5 | 43% |
| Price | $849.0K | $1.41M | 6% |
| Price per sq ft | $685 | $791 | 26% |
| Built year | 1955 | 1954 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 119 | 7% |
May 28, 2026
$849,000
Initial Listing