
La Crescenta, California 91214
when property is below market value."
Since it's -14 (above market), I will not use it.
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The market value is available, but the discount is negative. I will omit the discount/equity calculations to avoid confusion, as the prompt implies these are for *positive* investment scenarios.
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I'll frame it as a "strategic entry" given the location.
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Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4811 Ramsdell Subject | $999,000* List Price | 3 | 2 | 1,243 | $701 | - |
A 2939 Santa Carlotta Street Sold | $1,000,000 | 3 | 1 | 1,271 | $787 | 0.1 mi |
B 4630 Willalee Avenue Sold | $1,225,000 | 3 | 2 | 1,484 | $825 | 0.7 mi |
C 2861 Markridge Road Sold | $1,200,000 | 4 | 2 | 1,470 | $816 | 0.7 mi |
D 3318 Prospect Avenue Sold | $1,110,000 | 3 | 2 | 1,652 | $672 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in mostly original 1955 condition and shows significant signs of deferred maintenance. Interior features include heavily stained and worn carpeting, outdated kitchen cabinetry with visible surface damage, and a bathroom with evidence of substantial water damage and mold growth on the walls. The listing's 'as-is' status and the need for 'TLC' confirm that major systems and cosmetic finishes require a complete overhaul to address safety and habitability concerns.
Situated in the highly sought-after La Crescenta hills, this property offers a tranquil and private setting with significant neighborhood appeal and elevated surroundings.
As a fixer-upper in a premium area, this home presents a rare opportunity for investors or builders to customize the residence and capture substantial equity growth.
The home features a practical floor plan including three well-proportioned bedrooms, an indoor laundry room, and an attached two-car garage with direct access.
The property is being sold in 'as-is' condition and requires extensive TLC, necessitating a considerable additional investment for repairs and modernization.
The sale is subject to probate court approval and specific deposit requirements, which may result in a more complex and lengthy closing process compared to standard transactions.
Perched high in the desirable hills of La Crescenta, this charming three-bedroom home presents a rare opportunity to create your dream residence in a truly exceptional location. With sweeping elevated surroundings and a tranquil neighborhood setting, the property offers both privacy and incredible potential. The home features three well-proportioned bedrooms and one and a half bathrooms, including a primary bedroom with convenient access to a shared bath. A spacious living room provides a welcoming central gathering space, while the indoor laundry room adds everyday convenience. The attached two-car garage offers direct access and ample storage. This property is in need of TLC and is being sold in its present “as-is” condition, making it an ideal opportunity for investors, builders, or buyers looking to customize and add value. With the right vision, this home has the potential to be transformed into a stunning hillside retreat. Sale is subject to probate court approval and requires a 3% initial deposit. Don’t miss this chance to secure a property in one of La Crescenta’s most sought-after hillside locations with endless upside potential.
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 | 1,243 | 1,749 | 17% |
| Lot Size | 6,889 | 7,414 | 42% |
| Price | $999.0K | $1.34M | 14% |
| Price per sq ft | $804 | $782 | 62% |
| Built year | 1955 | 1953 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 142 | 4% |
Apr 6, 2026
$999,000
Initial Listing