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4608 Dyer Street, La Crescenta, California 91214, La Crescenta, 91214 - bed, bath

4608 Dyer Street, La Crescenta, California 91214 home-pic-0
ACTIVE$995,000
4608 Dyer Street, La Crescenta, California 91214
0Bed
0Bath
1,382Sqft
5,519Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Ready-To-Issue (RTI) Development Plans: The property comes with fully approved, Ready-To-Issue plans for a modern single-family home, ADU, and pool, significantly streamlining the development process and reducing time and risk.
Top Cons:
Substantial Additional Development Costs: The purchase price covers the land and approved plans, but significant additional capital investment will be required for the actual construction of the new home, ADU, and pool.

Compared to the nearby listings

Price:$995.0K vs avg $1.20M ($-205,000)20%
Size:1,382 sqft vs avg 1,858 sqft20%
Price/sqft:$720 vs avg $69260%

More Insights

Built in 1928 (97 years old).
Condition: The property, built in 1928, is explicitly marketed as a 'Ready-To-Issue (RTI) Development Opportunity' with approved plans for a new single-family home and ADU, implying the existing structure is not the primary value. The images reveal a severely dilapidated duplex with extensive wear and tear, water stains on ceilings, extremely outdated kitchens and bathrooms (e.g., 1950s/60s style tile, old cabinets, basic fixtures), old wall heaters, and worn flooring throughout. The overall condition suggests the existing structure is beyond practical repair for modern living and is likely intended for demolition, aligning perfectly with the 'Tear-down' criteria where value is based on the land and redevelopment potential.
Year Built
1928
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$720
HOA
-
Days on market
-
Sold On
-
MLS number
BB25139126
Home ConditionTear down
Features
Good View:
View-

About this home

Welcome to 4608 Dyer St, La Crescenta – A Rare RTI Development Opportunity in One of the Area’s Most Coveted Neighborhoods Don’t miss this exceptional chance to build your dream home in the heart of La Crescenta-Montrose, one of Southern California’s most desirable and scenic communities. Nestled in the foothills of the San Gabriel Mountains, this area is known for its breathtaking views, award-winning schools, and strong sense of community — all just minutes from the vibrant offerings of Los Angeles. This unique property comes RTI (Ready-To-Issue) with fully approved plans for a modern, elegant single-family home with a pool and a separate ADU, offering the perfect blend of luxury and functionality. Thoughtfully designed, the future residence promises open-concept living, high-end finishes, and seamless indoor-outdoor flow. Currently, the lot features a legal duplex, presenting immediate income potential. Whether you choose to renovate and lease both units or move forward with the new construction, this property offers unmatched flexibility and value. ?? Key Highlights: RTI plans for a single-family home + pool + ADU Located in a top-rated school district Strong rental income potential with existing duplex Tranquil, family-friendly neighborhood with mountain views Close to parks, hiking trails, shops, and restaurants Renderings reflect the stunning home that can be yours — contact me today for full plans, builder referrals, or to schedule a walkthrough of the existing property.

Condition Rating
Tear down
The property, built in 1928, is explicitly marketed as a 'Ready-To-Issue (RTI) Development Opportunity' with approved plans for a new single-family home and ADU, implying the existing structure is not the primary value. The images reveal a severely dilapidated duplex with extensive wear and tear, water stains on ceilings, extremely outdated kitchens and bathrooms (e.g., 1950s/60s style tile, old cabinets, basic fixtures), old wall heaters, and worn flooring throughout. The overall condition suggests the existing structure is beyond practical repair for modern living and is likely intended for demolition, aligning perfectly with the 'Tear-down' criteria where value is based on the land and redevelopment potential.
Pros & Cons

Pros

Ready-To-Issue (RTI) Development Plans: The property comes with fully approved, Ready-To-Issue plans for a modern single-family home, ADU, and pool, significantly streamlining the development process and reducing time and risk.
Prime La Crescenta-Montrose Location: Situated in a highly sought-after community known for its scenic beauty, strong community, and convenient access to Los Angeles amenities.
Top-Rated School District: Located within an award-winning school district, a major draw for families and a strong indicator of sustained property value.
Immediate Rental Income Potential: The existing legal duplex provides immediate income generation, offering financial flexibility for holding or offsetting development costs.
Scenic Views & Lifestyle Amenities: Nestled in the San Gabriel Mountains foothills, offering breathtaking views and close proximity to parks, hiking trails, shops, and restaurants.

Cons

Substantial Additional Development Costs: The purchase price covers the land and approved plans, but significant additional capital investment will be required for the actual construction of the new home, ADU, and pool.
Existing Structure Requires Demolition or Major Renovation: The current 1928 duplex is an older structure that will likely need to be demolished for new construction or undergo extensive renovation if the duplex is to be retained, incurring additional costs.
Niche Buyer Market: This offering is highly specific to developers or buyers seeking a custom build, which may narrow the potential buyer pool compared to a traditional move-in ready property.

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