
Los Angeles, California 91214
This property presents a High-Potential Investment Opportunity with a List Price of $1,150,000—positioned well below the $1,203,395 Fair Market Value by 4%. This valuation gap offers $53,395 in Instant Equity for buyers. With a Fair Condition Rating and significant Value-Add Potential on a large 8,986 sqft lot, the home serves as an ideal canvas for modernization. Located in the desirable La Crescenta foothills, this is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6287 Altura Subject | $1,150,000* List Price | 3 | 2 | 1,619 | $743 | - |
A 3947 El Lado Drive Sold | $1,350,000 | 3 | 2 | 1,551 | $870 | 0.8 mi |
B 3818 Altura Avenue Sold | $1,325,000 | 3 | 2 | 1,440 | $920 | 0.4 mi |
C 3911 El Lado Drive Active | $1,495,000 List Price | 4 | 2 | 1,812 | $825 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961 (63 years old) with no recorded major renovations. The listing description 'potential to make it your own' is a standard indicator for a dated interior requiring updates to the kitchen and bathrooms. While the exterior and roof appear well-maintained in images, the age of the property and likely original systems place it in the Fair category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8986, living area = 1619.
Situated in the sought-after La Crescenta neighborhood near the foothills, this property offers a peaceful residential setting with strong long-term appreciation potential.
The nearly 9,000 square foot lot provides significant outdoor space, offering rare privacy and ample room for potential expansions, landscaping, or ADU development.
Despite its proximity to the foothills, the property is noted as having no views, which may be a disadvantage compared to neighboring homes with mountain or city vistas.
Built in 1961 and marketed for its 'potential,' the property likely requires significant capital investment to update original systems and interior finishes to modern standards.
Charming La Crescenta home located in a desirable neighborhood near the foothills. This property offers a comfortable layout with plenty of potential to make it your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,619 | 1,664.159 |
| Lot Size | 8,986 | 6,066.556 |
| Price | $1.15M | $1.35M |
| Price per sq ft | $710 | $806 |
| Built year | 1961 | 1939 |
| HOA | $0 | $278 |
| Days on market | 4 | 55 |
Sep 5, 2026
$1,150,000
Initial Listing
Jul 28, 1994
$270,000
Public Record