$1,249,000
-$100,0003908 Park Place, La Crescenta CA 91214
Multi-Family
Property type
179 days
On market
$1,239
Price per sqft
0 cars
Garage
1951
Year built
10,996 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Brent Ballard DRE #01297151 818-919-0282, eXp Realty of Greater Los Angeles, Trey A Ballard DRE #02215641 818-850-8802, eXp Realty of Greater Los Angeles
Listing updated: Jun 3, 2026 at 07:01pm.
Last checked: Jun 3, 2026 at 07:30pm
Source: CRMLS #P1-25133
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| — | 2 | 2 | — | $3,000 | $3,000 | $3,000 | Unfurnished |
| — | 1 | 1 | — | $2,200 | $2,200 | — | — |
# of Buildings: 2
Separate Electric Meters: 0
Separate Gas Meters: 0
Separate Water Meters: 0
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
20.0x
List Price / Annual Gross Rent
Cap Rate
4.85%
NOI / List Price
Gross Scheduled Income: $62,400
Vacancy Allowance Rate: 3%
Operating Expense: $26,686
Net Operating Income: $60,528
Annual Operating Expenses
Insurance: $2,500
Trash: $913
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Lot Features: Sprinklers None
Pool: None
Spa: None
Fencing: None
View: None
Garage and Parking
Parking: Driveway
Garage Spaces: 0
Parking Total: 2
Lot Information
Land Lease: No
Parcel #: 5807012005
Tax Lot: 98
Subdivision: Not Applicable
Community
HOA Fee: $0
Senior Community: No
Community Features: Foothills, Suburban, Valley
Nearby Schools
Nearby schools around the 3908 Park Place, La Crescenta, CA 91214. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$999,200
Total Interest
$1,274,425
Total Payment
$2,273,625
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,767
per month
Property History for 3908 Park Place
La Crescenta Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91214.
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