NOT LISTED FOR SALE

4608 Dyer St La Crescenta, CA 91214

Estimated Value: $926,000 - $1,023,000

3 Beds
2 Baths
1,382 Sq Ft
$716/Sq Ft Est. Value

Last Sold October 17, 2024

Last sale price $900,000 $651 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,301/month

8 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Rectangular Lot
  • Monte Vista Elementary School Rated A
  • Foothills
  • Wall Furnace

About This Home

As of October 2024

Fixer duplex in desirable La Crescenta on a peaceful street. There are not too many multi-unit properties above Foothill in La Crescenta, let alone at this price. Given the duplex is two stories, there is a lot of open space on the 5,519 flat lot, this perhaps is a good candidate for up to three ADU’s. Bottom unit is two bedrooms with one bathroom and laundry area, the top unit is a studio/one bedroom unit with one bathroom. This is a great opportunity to fix up the property and set the rents at market all while in an exceptional location. Within the boundary for the Award winning La Crescenta schools including the very desirable Monte Vista Elementary. Lowest priced duplex listed for sale in La Crescenta and Montrose in over 5 years (per CRMLS as of day one of this listing).

Last Agent to Sell the Property

Alexander Gingrich

Engel & Völkers La Canada Brokerage Phone: 818-919-0159 License #01797428 Listed on: 09/06/2024

Engel & Völkers La Canada

Last Buyer's Agent

Vahe Zargarian

Keller Williams Real Estate Services License #01344220

Keller Williams Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 5,519 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Level Lot
  • Back Yard

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 3 Bedrooms
  • 1,382 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 5543
  • Assessor Parcel Number 5803009020
  • $512 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Foothills

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $1,080
  • Insurance Expense $2,500
  • Maintenance Expense $2,520
  • Trash Expense $840
  • Water Sewer Expense $1,800
  • New Taxes Expense $9,600
  • Operating Expense $18,340
  • Gross Income $47,880
  • Net Operating Income $29,540

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • CapRate: 3.70
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: LCR175000*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 5803009020
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 651.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 840.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level with Street, Rectangular Lot, Level
  • Lot Size Sq Ft: 5519.00
  • Lot Size Acres: 0.1267

Multi Family

  • Gross Income: 47880.00
  • Gross Multiplier: 15.90
  • Gross Operating Income: 47880.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 5519.0000 Square Feet
  • Maintenance Expense: 2520.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 29540.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 18340.00
  • Operating Expense Percent: 36.00
  • Rent Control: No
  • Total Expenses: 18340.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 9600.00
  • Tax Census Tract: 3002.00
  • Tax Lot: 20
  • Tax Tract Number: 5543
  • TaxOtherAnnualAssessmentAmount: 512.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2025
Sold by
Casillas Melissa
Bought by
Yarijanyan Nerses
Current Estimated Value
$989,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Outstanding Balance
$730,000
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$259,627

Purchase Details

Listed on
Sep 6, 2024
Closed on
Oct 18, 2024
Sold by
Casillas Melissa
Bought by
Casillas Melissa and Yarijanyan Nerses
Seller's Agent
Alexander Gingrich
Engel & Völkers La Canada
Buyer's Agent
Vahe Zargarian
Keller Williams Real Estate Services
List Price
$800,000
Sold Price
$900,000
Premium/Discount to List
$100,000
12.5%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$720,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2024
Closed on
Oct 11, 2024
Sold by
Zargarian Vahe
Bought by
Casillas Melissa
Seller's Agent
Alexander Gingrich
Engel & Völkers La Canada
Buyer's Agent
Vahe Zargarian
Keller Williams Real Estate Services
List Price
$800,000
Sold Price
$900,000
Premium/Discount to List
$100,000
12.5%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2024
Closed on
Sep 19, 2024
Sold by
Dorothy Maltz Family Trust and Moore-Lewis Julie Diane
Bought by
Casillas Melissa
Seller's Agent
Alexander Gingrich
Engel & Völkers La Canada
Buyer's Agent
Vahe Zargarian
Keller Williams Real Estate Services
List Price
$800,000
Sold Price
$900,000
Premium/Discount to List
$100,000
12.5%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2013
Sold by
Maltz Dorothy
Bought by
Maltz Dorothy and The Dorothy Maltz Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yarijanyan Nerses -- Lawyers Title
Yarijanyan Nerses -- Lawyers Title
Casillas Melissa -- None Listed On Document
Casillas Melissa -- None Listed On Document
Casillas Melissa -- Orange Coast Title Company
Casillas Melissa $900,000 Orange Coast Title Company
Maltz Dorothy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yarijanyan Nerses $730,000
Previous Owner Casillas Melissa $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2024 10/17/24 Sold $900,000 +12.5% $651 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $800,000 -- $579 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,132 $900,000 $670,000 $230,000
2024 $2,132 $133,182 $55,488 $77,694
2023 $1,924 $130,571 $54,400 $76,171
2022 $1,697 $128,012 $53,334 $74,678
2021 $1,662 $125,503 $52,289 $73,214
2019 $1,602 $121,783 $50,739 $71,044
2018 $1,558 $119,396 $49,745 $69,651
2016 $1,472 $114,762 $47,814 $66,948
2015 $1,436 $113,039 $47,096 $65,943
2014 $1,440 $110,826 $46,174 $64,652
Source: Public Records

Agents Affiliated with this Home

  • Alexander Gingrich

    Seller's Agent in 2024

    Alexander Gingrich

    Engel & Völkers La Canada

    (818) 790-6774

    15 in this area

    51 Total Sales

    Alexander Gingrich
    Section Image
  • Vahe Zargarian

    Buyer's Agent in 2024

    Vahe Zargarian

    Keller Williams Real Estate Services

    (818) 522-8485

    1 in this area

    31 Total Sales

    Vahe Zargarian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF24184551

California Regional Multiple Listing Service (CRMLS)

APN: 5803-009-020

California Los Angeles County La Crescenta 91214

4608 Dyer St, La Crescenta, CA

Not Listed for Sale

MultiFamily

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