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$699,000
Est. payment /mo
4 Beds
1 Bath
1,191 SqFt
UPDATED:
01/06/2025 08:16 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,191 sqft
Price per Sqft $586
MLS Listing ID DW25001581
Style Detached
Bedrooms 4
Full Baths 1
HOA Y/N No
Year Built 1940
Lot Size 7,574 Sqft
Acres 0.1739
Type of Financing Submit
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. Dont miss this chance to secure a high-yield investment in a growing neighborhood.
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. Dont miss this chance to secure a high-yield investment in a growing neighborhood.
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. Dont miss this chance to secure a high-yield investment in a growing neighborhood.
Location
State CA
County Los Angeles
Area Pacoima (91331)
Zoning LAR1
Building
Story 1
Lot Size Range 7500-10889 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Monthly Total Fees $34
Miscellaneous Urban
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
CFD/Mello-Roos Fee $411
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Listed by Sergio Iturrios • RISE Real Estate Group
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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