
La Crescenta, California 91214
This property presents a High-Potential Investment Opportunity with a List Price of $1,173,000—positioned above the $1,115,146 Fair Market Value by -5%. While requiring significant capital, the Condition Rating of 5 allows for a full-scale renovation to maximize the 7,422 sqft lot. Located in a premier A+ school district, the home offers long-term value through strategic modernization. This probate asset is a complex but rewarding project, ideal for Fix-and-Flip Investors or Contractors capable of executing a comprehensive structural and cosmetic overhaul.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5623 Canyonside Road Subject | $1,173,000* List Price | 4 | 2 | 1,620 | $688 | - |
A 2861 Markridge Road Sold | $1,200,000 | 4 | 2 | 1,470 | $816 | 0.9 mi |
B 4906 Vicwood Avenue Sold | $1,520,000 | 3 | 3 | 1,935 | $786 | 1.0 mi |
C 5703 Freeman Active | $1,149,000 List Price | 4 | 2 | 1,408 | $816 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965, this probate property shows significant signs of neglect and structural/safety issues, including a large hole in the kitchen ceiling, severe wall deterioration in the bathroom, and visible wood rot on the exterior decking. The interior finishes are heavily worn, and the listing explicitly targets investors for a full rehab.
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.
Located in a highly desirable A+ school district, this property offers significant long-term value and appeal for families seeking top-tier education.
The property presents a prime opportunity for investors or renovators to build substantial equity through strategic improvements and modernization.
As a probate sale requiring court confirmation, the transaction involves a more complex and potentially lengthy closing process than a traditional sale.
The property is positioned as a fixer-opportunity, implying that significant additional capital will be needed for repairs and upgrades to reach its full potential.
SECOND CHANCE OPPORTUNITY. Exceptional opportunity in highly desirable La Crescenta! Located in a premier A+ school district, this PROBATE property offers incredible upside potential for investors, renovators, or buyers looking to create their dream home in one of the area's most sought-after neighborhoods. Strong value-add potential with opportunity. Peaceful residential setting with rare potential and long-term value. COURT CONFIRMATION REQUIRED. Buyers and Buyer's Agents are strongly encouraged to review all MLS supplements and uploaded documents for important property details, court confirmation procedures, timelines, and sale requirements.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,620 | 1,820.5 | 37% |
| Lot Size | 7,422 | 7,476.5 | 45% |
| Price | $1.17M | $1.40M | 29% |
| Price per sq ft | $724 | $787 | 35% |
| Built year | 1965 | 1954 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 435 | 120 | 0% |
Mar 28, 2025
$1,173,000
Initial Listing