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$599,000
Est. payment /mo
9,601 Sqft Lot
UPDATED:
01/06/2025 05:47 AM
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW25002544
Originating Board California Regional MLS
Lot Size 9,601 Sqft
Property Description
Land Opportunity with RTI Plans Approved - Build 4 Units in Arleta/Pacoima! A rare development opportunity for investors and builders! This vacant lot comes with RTI (Ready-to-Issue) plans, allowing you to start construction immediately. Design includes 4 units per lot with a potential $15,000/month rental income, plus the option to add a 5th unit (ADU) after obtaining the Certificate of Occupancy (CFO). Property next door can be purchased separately to increase income potential even more! (MLS DW25001581) Key Property Details: . 13726 Pierce St (Existing Structure + Storage Room): Spacious 4-bedroom, 3-bath single-family home, 1,432 sq. ft. . 13726 1/2 Pierce St (SB9 Unit): Contemporary 3-bedroom, 3-bath unit, 1,199.25 sq. ft. . 13728 & 13728 1/2 Pierce St (ADUs): Two 2-bedroom, 2-bath units, 779 sq. ft. each. Bonus Potential: Convert a storage area into a 5th unit (ADU) post-CFO, adding even more value and income to this project. Situated in a prime Arleta/Pacoima location, this ready-to-build lot offers an incredible chance to create a high-yield, multi-unit investment property. Don't miss this opportunity to hit the ground running with a shovel-ready project!
Location
State CA
County Los Angeles
Area Pac - Pacoima
Zoning LL
Exterior
Utilities Available Telephone - Not On Site
View None
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 2646014030
Special Listing Condition Not Applicable
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Listed by Sergio Iturrios • RISE Real Estate Group
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Sharad Gupta
Broker | License ID: 02213637
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