
La Canada Flintridge, California 91011
Analysis of 4518 Ocean View, La Canada Flintridge, California 91011 is currently available with a list price of $1,199,000. 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 Canada Flintridge 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 1947 and marketed as a 'major fixer,' this property meets the tear-down criteria due to its age (>50 years) and lack of renovations. The interior is in disrepair with missing flooring, and the listing emphasizes land value and approved plans for a new 2,000+ sqft residence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7536, living area = 896.
Situated in the highly prestigious La Cañada Flintridge with access to the top-rated La Cañada Unified School District, ensuring strong long-term property value and desirability.
The sale includes approved plans for a 2,000+ square foot home, saving the buyer approximately two years of architectural design and city approval time.
The existing structure is in poor condition and requires extensive renovation or demolition, necessitating a buyer with significant additional capital and construction expertise.
The list price reflects the land and entitlement value rather than the current 896 square foot dwelling, which may present challenges for traditional residential financing.
Rare opportunity to own a property with endless potential in the highly desirable city of La Cañada Flintridge. This is a major fixer that offers an incredible opportunity for builders, investors, or buyers looking to create their dream home. Remodel the existing home and add square footage or build a brand new custom residence. The current owner purchased the property as a fixer and spent nearly two years designing plans and working through the approval process. Approved plans for a beautiful 2,000+ square foot home with a detached garage are included, giving the next owner a tremendous head start and saving valuable time and expense. Whether you choose to renovate and expand the existing home or build new, this is a rare chance to create a custom property in one of La Cañada Flintridge's most sought after neighborhoods. Buyer to verify all plans, permits, and development possibilities with the appropriate agencies.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.1 |
| Baths | 1.0 | 3.3 |
| Square foot | 896 | 2,675.915 |
| Lot Size | 7,536 | 14,525.021 |
| Price | $1.20M | $2.64M |
| Price per sq ft | $1.3K | $1.0K |
| Built year | 1947 | 1953 |
| HOA | $0 | $0 |
| Days on market | 34 | 40 |
Aug 6, 2026
$1,199,000
Initial Listing
Sep 18, 2024
$1,050,000
Public Record