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$ 699,000
Est. payment | /mo
4 Beds
1 Bath
1,191 SqFt
$ 699,000
Est. payment | /mo
4 Beds
1 Bath
1,191 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,191 sqft
Price per Sqft $586
MLS Listing ID CRDW25001581
Bedrooms 4
Full Baths 1
Originating Board California Regional MLS
Year Built 1940
Lot Size 7,574 Sqft
Property Description
Build-Ready in Arleta/Pacoima - RTI Plans Approved! An exceptional investment opportunity awaits! This 4-unit-per-lot project comes with RTI (Ready-to-Issue) plans, allowing you to start construction immediately. With a $15,000/month rental income potential and the option to add a 5th unit (ADU) after obtaining the Certificate of Occupancy (CFO), the lot next door can also be purchased separately to increase income potential even more (MLS DW25002544). This property offers unbeatable value for investors and developers. Approved Plans Include: . 13722 Pierce St (Main House + Storage Room): 4-bedroom, 3-bath single-family home, 1,184 sq. ft. . 13722 1/2 Pierce St (SB9 Unit): 2-bedroom, 2-bath unit, 737 sq. ft. . 13724 & 13724 1/2 Pierce St (ADUs): Two 2-bedroom, 2-bath units, 779 sq. ft. each. Bonus Opportunity: Maximize your returns by converting the storage unit into a 5th unit (ADU) once CFO is secured, further boosting rental income potential. This turnkey project in the thriving Arleta/Pacoima area offers a seamless transition from construction to cash flow. Don't miss this chance to secure a high-yield investment in a growing neighborhood.
Location
State CA
County Los Angeles
Area Pac - Pacoima
Zoning LAR1
Interior
Cooling None
Fireplaces Type None
Laundry None
Exterior
Pool None
View None
Building
Story One Story
Water District - Public
Others
Tax ID 2646014025
Special Listing Condition Not Applicable
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Listed by Sergio Iturrios • RISE Real Estate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "