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4608 Dyer Street, La Crescenta, California 91214, La Crescenta, 91214 - 3 bed, 2 bath

4608 Dyer Street, La Crescenta, California 91214 home-pic-0
ACTIVE$995,000
4608 Dyer Street, La Crescenta, California 91214
3Beds
2Baths
1,382Sqft
5,519Lot
Year Built
1928
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$720
HOA
-
Days on market
-
Sold On
-
MLS number
BB25142936
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $995.0K(20th), sqft - 1382(20th), beds - 3(60th), baths - 2(60th).

Welcome to 4608 Dyer St, La Crescenta – A Rare RTI Development Opportunity in One of the Area’s Most Coveted Neighborhoods Don’t miss this exceptional chance to build your dream home in the heart of La Crescenta-Montrose, one of Southern California’s most desirable and scenic communities. Nestled in the foothills of the San Gabriel Mountains, this area is known for its breathtaking views, award-winning schools, and strong sense of community — all just minutes from the vibrant offerings of Los Angeles. This unique property comes RTI (Ready-To-Issue) with fully approved plans for a modern, elegant single-family home with a pool and a separate ADU, offering the perfect blend of luxury and functionality. Thoughtfully designed, the future residence promises open-concept living, high-end finishes, and seamless indoor-outdoor flow. Currently, the lot features a legal duplex, presenting immediate income potential. Whether you choose to renovate and lease both units or move forward with the new construction, this property offers unmatched flexibility and value. Key Highlights: RTI plans for a single-family home + pool + ADU Located in a top-rated school district Tranquil, family-friendly neighborhood with mountain views close to parks, hiking trails, shops, and restaurants

Condition Rating
Poor
The property, built in 1928, is explicitly marketed as a 'development opportunity' with 'RTI plans for a single-family home + pool + ADU,' indicating the existing structure is not the primary value. The listing's own analysis notes the 'Age and Condition of Existing Structures' are 'likely outdated' and would require 'significant renovation to be viable or demolition.' Interior images confirm this, showing very dated finishes, worn flooring (stained tile and carpet), wood paneling, and a drop ceiling with visible water stains. The kitchen, while appearing functional, features older cabinets, laminate countertops, and a dated mosaic backsplash. The overall condition suggests substantial repairs and rehabilitation are needed, making it uncomfortable to live in its current state without major investment.
Pros & Cons

Pros

RTI Development Opportunity: The property comes with Ready-To-Issue (RTI) approved plans for a modern single-family home, pool, and a separate ADU, significantly de-risking and streamlining the development process.
Prime Location & Community: Situated in the highly desirable La Crescenta-Montrose area, known for its scenic beauty, strong community, mountain views, and convenient access to Los Angeles.
Top-Rated School District: Located within a top-rated school district, making it exceptionally attractive to families and enhancing long-term property value.
Immediate Income Potential: The existing legal duplex offers immediate rental income potential, providing financial flexibility for the buyer during the planning or construction phases.
Approved ADU Plans: The inclusion of approved ADU plans adds significant value, offering options for additional rental income, multi-generational living, or a dedicated home office/guest space.

Cons

Significant Additional Investment Required: The listed price is for the development opportunity; substantial additional capital will be required for the construction of the new single-family home, pool, and ADU.
Age and Condition of Existing Structures: The current duplex, built in 1928, is likely outdated and will either require significant renovation to be viable or demolition, incurring additional costs and effort, if not part of the new build.
Potential for Construction Challenges: Despite RTI plans, all construction projects carry inherent risks of unforeseen delays, cost overruns, and complexities, which can be a deterrent for some buyers.

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