Average square foot calculated using Size range provided by listing agent.
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) permits—so 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:DW25206737) 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 ½ Pierce St (SB9 Unit): 2 bed, 2 bath, 737 sq. Ft. 13724 & 13724 ½ 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!Show Description
MLS® NumberDW25206688
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage0.1739
Exterior
GarageNo
Approx. Age1940
Basement
Driveway
Garage Spaces
Heat
A/CNone
Heating Fuel
Extras
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