13722 Pierce Street

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. Don’t miss this chance to secure a high-yield investment in a growing neighborhood.

Listing information courtesy of: Sergio Iturrios, RISE Real Estate Group 562-244-8859. *Based on information from the Association of REALTORS/Multiple Listing as of 01/09/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.