$2,000,000
●
House -
Off Market
2920 Fairmount Avenue
La Crescenta, CA 91214
6 Beds
5 Baths
3,708 Ft²
$9,821
Est. Monthly
About This Property
Rare opportunity to own two newly built and updated homes in prime
La Crescenta and Glendale. This is an ideal setup for extended or
multi-generational living, or for those looking to live in one home
and rent out the other. Additionally, there is potential to build a
junior ADU where the garage is located behind the second home.
The front home is approximately 1700 square feet and has been thoughtfully updated with new plumbing, new electrical, and a brand new roof. The back home, newly constructed in 2024, features nearly 2000 square feet of ultra-modern design, an open layout, and high-end finishes throughout. It includes high ceilings, spacious bathrooms, premium appliances, and a large bedroom suite offering both comfort and privacy. A fully paid off solar system adds extra value and energy efficiency to the back home.
Located near award-winning schools, parks, shopping, and dining, this property offers both convenience and versatility. Do not miss your chance to own this unique two-home property in the heart of La Crescenta. Come view 2920 and 2922 Fairmount today.
The front home is approximately 1700 square feet and has been thoughtfully updated with new plumbing, new electrical, and a brand new roof. The back home, newly constructed in 2024, features nearly 2000 square feet of ultra-modern design, an open layout, and high-end finishes throughout. It includes high ceilings, spacious bathrooms, premium appliances, and a large bedroom suite offering both comfort and privacy. A fully paid off solar system adds extra value and energy efficiency to the back home.
Located near award-winning schools, parks, shopping, and dining, this property offers both convenience and versatility. Do not miss your chance to own this unique two-home property in the heart of La Crescenta. Come view 2920 and 2922 Fairmount today.
Unit Size
3,708 Ft²
Days on Market
77 days
Land Size
0.34 acres
Price per sqft
$539
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #GD25151649)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2025 | Sold | ||
| Sold | |||
| Aug 8, 2025 | In contract | - | |
| In contract | |||
| Aug 1, 2025 | Price Decreased |
$2,000,000
↓ $299K
(13%) | |
| Price Decreased | |||
| Jun 30, 2025 | Listed by JohnHart Real Estate | $2,299,000 | |
| Listed by JohnHart Real Estate | |||
| Jun 11, 2025 | Price Decreased |
$2,399,000
↓ $151K
(5.9%) | |
| Price Decreased | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About La Crescenta-Montrose
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Listed by: Albert Babayan, JohnHart Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# GD25151649
Last Updated: 2 years ago
Data Source: CRMLS, MLS# GD25151649
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