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Listed by Sergio Iturrios • RISE Real Estate Group
$649,900
Est. payment /mo
4 Beds
1 Bath
1,191 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,191 sqft
Price per Sqft $545
MLS Listing ID CRDW25163726
Bedrooms 4
Full Baths 1
HOA Y/N No
Year Built 1940
Lot Size 7,574 Sqft
Property Sub-Type Detached
Source Datashare California Regional
Property 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: DW25002544) 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!
Location
State CA
County Los Angeles
Interior
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
View None
Private Pool false
Building
Lot Description Back Yard
Story 1
Water Public
Schools
School District Los Angeles Unified
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Altie Schmitt
Partner at Village Associates | License ID: 00924672
Partner at Village Associates License ID: 00924672
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