13722 Pierce Street, Pacoima CA, 91331

Active

13722 Pierce Street

Pacoima CA, 91331

$699,000

$586.90 per sqft

Active

4 Beds

1 Bath

1,191 sqft

Residential

Built in 1940

Listed by Sergio Iturrios with RISE Real Estate Group 562-244-8859

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.

DW25001581

MLSⓇ ID

January 5, 2025

Listed

January 19, 2025

Updated

Map

13722 Pierce Street
Pacoima CA, 91331

Interior Features

Total Stories: 1
Bedrooms: 4
Total Bathrooms: 1
Full Bathrooms: 1
Laundry Description: None
Fireplace: No
Fireplace Description: None
Cooling: No
Cooling Description: None
Heating: No

Exterior/Building Features

Lot Size: 0.17 Acres
Lot Features: Back Yard
Sewer: Public Sewer

School Information

School District: Los Angeles Unified

Other Property Details

Area Name: PAC - Pacoima
Days on Market: 8
Garage: No
Parking Total: 0
View: No
View Description: None
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: LAR1

Listing Contact: 562-273-5455

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/19/2025. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 1/19/2025 at 12:23 PM UTC