Pacoima, CA91331
| MLS# DW25002544
Tract:
Pending $499,000
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!
Facts
| Built in | Lot Size: 9601.00 sqft | HOA Dues: $0/month
Features
Listing provided by Sergio Iturrios, RISE Real Estate Group
Based on information from California Regional Multiple Listing Service, Inc. as of February 7, 2025. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.