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.
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4BEDS
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0.17ACRES
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1BATHS
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01/2 BATHS
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1,191SQFT
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$587$/SQFT
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.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-18T20:38:43.01. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.