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Listed by Sergio Iturrios • RISE Real Estate Group
$ 499,000
Est. payment | /mo
9,601 SqFt
$ 499,000
Est. payment | /mo
9,601 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Pending
Purchase Type For Sale
Square Footage 9,601 sqft
Price per Sqft $51
MLS Listing ID CRDW25002544
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 9,601 Sqft
Property Sub-Type Unimproved Land
Property 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!
Location
State CA
County Los Angeles
Interior
Fireplace No
Exterior
View None
Building
Lot Description Level
Water Public
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