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5623 Canyonside Road, La Crescenta, California 91214, La Crescenta, 91214 - 4 bed, 2 bath

5623 Canyonside Road, La Crescenta, California 91214 home-pic-0
ACTIVE$1,173,000
5623 Canyonside Road, La Crescenta, California 91214
4Beds
2Baths
1,620Sqft
7,422Lot

Price Vs. Estimate

The estimated value ($919,991.675) is $253,008.325 (21%) lower than the list price ($1,173,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7422, living area = 1620.
Top Cons:
Extensive Renovation Required: The property's 'PROBATE FIXER' status indicates it requires substantial investment in renovations and repairs, which will add significant cost and effort for the buyer.

Compared to the nearby listings

Price:$1.17M vs avg $1.34M ($-172,000)30%
Size:1,620 sqft vs avg 1,620 sqft50%
Price/sqft:$724 vs avg $79329%

More Insights

Built in 1965 (60 years old).
Condition: The property, built in 1965, is explicitly described as a 'PROBATE FIXER' with 'potential for renovation or expansion.' This indicates it requires substantial repairs and rehabilitation. While the kitchen features granite countertops, the phrase 'ready for your personal touch' suggests it is outdated and needs modernization, along with the bathrooms and other major systems, to meet contemporary standards. The overall condition points to a need for significant investment.
Year Built
1965
Close
-
List price
$1.17M
Original List price
$1.17M
Price/Sqft
$724
HOA
-
Days on market
-
Sold On
-
MLS number
25496177
Home ConditionPoor
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods

About this home

Located in a highly sought-after La Crescenta neighborhood, this PROBATE FIXER presents an exceptional opportunity for investors, flippers, and homebuyers looking to add value. With 4 bedrooms, 2 baths, and a spacious 7,419 SF lot, this home has incredible value and potential for renovation or expansion. Step inside to a welcoming entry foyer with marble flooring, leading to a bright and open living room featuring a cozy fireplace. The chef's kitchen boasts granite countertops and tile flooring, ready for your personal touch. This home also comes equipped with solar panels, offering energy efficiency and long-term savings. Outside, the large backyard with a patio offers endless possibilities for entertaining or future enhancements. Situated in a top-rated school district, this home is a rare find for those seeking a high-value investment or a dream home in a tranquil setting. Don't miss this prime opportunity to create something truly special!

Condition Rating
Poor
The property, built in 1965, is explicitly described as a 'PROBATE FIXER' with 'potential for renovation or expansion.' This indicates it requires substantial repairs and rehabilitation. While the kitchen features granite countertops, the phrase 'ready for your personal touch' suggests it is outdated and needs modernization, along with the bathrooms and other major systems, to meet contemporary standards. The overall condition points to a need for significant investment.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7422, living area = 1620.
Significant Value-Add Potential: Explicitly marketed as a 'PROBATE FIXER' with 'incredible value and potential for renovation or expansion,' appealing to investors and buyers seeking to customize and build equity.
Prime Location & Top School District: Located in a 'highly sought-after La Crescenta neighborhood' known for its 'tranquil setting' and situated within a 'top-rated school district,' enhancing long-term desirability.
Energy-Efficient Solar Panels: Equipped with solar panels, offering immediate energy efficiency and potential long-term savings on utility costs.
Generous Lot Size & Outdoor Potential: Features a 'spacious 7,419 SF lot' and a 'large backyard with a patio,' providing ample space for outdoor living, entertaining, and future landscaping or expansion projects.
Desirable Bedroom Count: Offers a practical 4-bedroom layout, which is highly sought after by families and provides flexibility for various living arrangements.

Cons

Extensive Renovation Required: The property's 'PROBATE FIXER' status indicates it requires substantial investment in renovations and repairs, which will add significant cost and effort for the buyer.
Potential Overpricing Relative to Condition: The current list price of $1,173,000 is considerably higher than the estimated property value of $919,991.675, suggesting it may be overpriced given its 'fixer' condition and the necessary renovation costs.
Dated Interior Elements: Despite some features like granite countertops, the 'fixer' designation and 'ready for your personal touch' imply that key interior areas, particularly the kitchen and bathrooms, likely require modernization to meet contemporary buyer expectations.

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