4033 Liberty Avenue, La Crescenta, California 91214, La Crescenta, 91214 - 2 bed, 1 bath
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La Crescenta, California 91214
Analysis of 4033 Liberty Avenue, La Crescenta, California 91214 is currently available with a list price of $1,550,000. 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 1923 and marketed explicitly as a development opportunity for a lot split, this property is over 100 years old with no evidence of recent renovations. The listing focuses on land value and conceptual plans for new construction, fitting the criteria for a tear-down.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15022, living area = 1056.
Elementary School: Valley View Elementary School (10/10). Middle School: Rosemont Middle School (9/10). High School: Crescenta Valley High School (9/10).
The property offers a rare lot split opportunity with conditional approval from the City of Glendale to convert the 15,000+ square foot parcel into two separate lots, providing massive value-add potential for developers.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =15022, other record lot size in square feet = 15164.
With a list price of $1.55M for a modest 1,056 sqft home built in 1923, the value is almost entirely in the land, making it less attractive to traditional homebuyers seeking a move-in ready residence.
While conceptual plans are in place, the buyer assumes the responsibility and risk of finalizing the lot split and verifying all zoning requirements with the city, which can be a time-consuming and costly process.
Rare Development opportunity in a prime La Crescenta location. Conceptual plans in place with conditional approval from the city of Glendale for a lot split, converting 1 parcel to 2 parcels. Dual parcels represent added value with varying configurations and options of future development. The current 15,000+ Square Foot lot, zoned GLR1-II, has excellent potential for a savvy developer. Ideally located near prized schools, community amenities, dining, shopping and freeway access. Buyer is encouraged to verify development possibilities prior to submitting an offer.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.7 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 18% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 1,056 | 1,820.5 | 12% |
| Lot Size | 15,022 | 7,505.5 | 94% |
| Price | $1.55M | $1.41M | 62% |
| Price per sq ft | $1.5K | $788 | 99% |
| Built year | 1923 | 1953 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 120 | 7% |
May 27, 2026
$1,550,000
Initial Listing