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3908 Park PlaceLa Crescenta, CA 91214

For Sale

$1,398,000

Smart Buyer Rebate $13,980

Unlock a rare opportunity in one of the most desirable pockets of the Foothills. Just minutes from vibrant downtown Montrose and approximately 15 minutes from downtown Los Angeles, this duplex sits on a highly versatile lot with the potential to expand to 4-6 units (buyer to verify).The existing structures are in need of renovation, making this an ideal value-add project for investors, developers, or builders looking to capitalize on strong rental demand and a rapidly appreciating area. With flexible zoning, excellent frontage, and a neighborhood known for its walkability, dining, and boutique retail, this property offers the perfect foundation for a profitable redevelopment or long-term hold.Opportunities in locations this stronga"paired with true upside potentiala"do not come around often. Bring your vision and transform this underutilized duplex into a high-performing multi-unit asset.

Listed by Brent Ballard

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License #01297151

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eXp Realty of Greater Los Angeles

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(818) 919-0282

Listed by Trey A Ballard

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License #02215641

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eXp Realty of Greater Los Angeles

Last updated December 08, 2025

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Source: CRMLS #P1-25133

Listing Facts

  • TypeMulti-family
  • NeighborhoodLa Crescenta-Montrose
  • Days on Prevu3

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/08/2025
Listed by eXp Realty of Greater Los Angeles
$1,398,000

Property Details for 3908 Park Place

Association

Amenities

  • Community Features: Foothills, Suburban, Valley

Exterior

Construction

  • Stories: 1
  • Year Built: 1951
  • Common Walls: No Common Walls

Measurements

  • Building Area Total: 1,008
  • Lot Features: Sprinklers None
  • Lot Size Acres: 0.25
  • Lot Size Area: 10,996
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 10,996
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $62,400.00
  • Operating Expense: $26,686.00

Taxes

  • Parcel Number: 5807012005

Interior

Features

  • Fireplace: Yes

Other

Location

  • Subdivision Name: Not Applicable
  • Tax Lot: 98

Parking

Parking

  • Parking Features: Driveway
  • Parking Total: 2

Utilities

Equipment

  • Has Cooling: Yes
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 3908 Park Place.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 3908 Park Place.

How does 3908 Park Place compare to other multi-family homes in La Crescenta-Montrose?

This multi-family home is listed 6% above the average price for multi-family homes in La Crescenta-Montrose and has been on the market for 62 less days than the typical home in this area.

3908 Park Place is a -bedroom multi-family home for sale in La Crescenta CA 91214. Available on Prevu for 3 days at $1,398,000. This residence is located in La Crescenta-Montrose. The median listing price for multi-family homes in this area is $1,350,000. Property amenities include parking. Browse more multi-family home listings in Los Angeles County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.