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$649,900
Est. payment /mo
4 Beds
1 Bath
1,191 SqFt
UPDATED:
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 $545
MLS Listing ID DW25163726
Bedrooms 4
Full Baths 1
Year Built 1940
Property Sub-Type Detached
Property Description
Exceptional Income-Producing Asset in Arleta/Pacoima Start Building Tomorrow! Unlock an unbeatable development opportunity in one of L.A.s fast-growing neighborhoods! This fully approved, build-ready 4-unit project comes with RTI (Ready-to-Issue) permitsso you can break ground immediately. With the potential to earn $15,000/month in rental income and the option to add a 5th unit (ADU) post-Certificate of Occupancy, the upside here is undeniable. Plus, the adjacent lot (MLS: DW25002544) is also available, giving you the chance to expand your portfolio and income potential in one bold move. Approved RTI Plans Include: 13722 Pierce St (Main Home + Storage): 4 bed, 3 bath, 1,184 sq. ft. 13722 Pierce St (SB9 Unit): 2 bed, 2 bath, 737 sq. ft. 13724 & 13724 Pierce St (2 ADUs): Each with 2 bed, 2 bath, 779 sq. ft. Bonus Value-Add: Convert the storage unit into a 5th income-generating ADU once the CFO is obtained to maximize your cash flow. Whether you're a seasoned developer or savvy investor, this shovel-ready opportunity in the vibrant Arleta/Pacoima area delivers strong returns, long-term value, and immediate potential. Jump on this rare chance to own and build in a high-demand rental market!
Location
State CA
County Los Angeles
Zoning LAR1
Direction Cross Street is Remick Ave.
Interior
Fireplace No
Exterior
View Y/N Yes
Water Access Desc Public
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 2646014025
Special Listing Condition Standard
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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! "