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.
|
DAYS ON MARKET
|
3
|
LAST UPDATED
|
1/5/2025
|
|
YEAR BUILT
|
1940
|
COMMUNITY
|
Pacoima
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
| School District |
Los Angeles Unified |
| AIR |
None |
| AREA |
Pacoima |
| HOA DUES |
0 |
| LOT |
7574 sq ft |
| LOT DESCRIPTION |
Back Yard |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
| ZONING |
LAR1 |
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Listed with RISE Real Estate Group
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/7/25 1:23 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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