13722 Pierce Street, Pacoima, CA 91331

$699,000 Asking Price

4 beds
1 bath
1,191  sqft
Built in 1940

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.

Features & Amenities

Interior

Laundry:
None
A/C:
false, None
Fireplace:
None

Exterior

Pool:
None
Parking:
Parking spaces: 0

Construction

General:
1

Location

HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Los Angeles Unified
County:
Los Angeles

Lot

Zoning:
LAR1, 2646014025
View:
None

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
RISE Real Estate Group, Sergio Iturrios

About Pacoima, CA

Housing

Number of Units
23,020
Median Home Value
$453,150
Median Rent
$1,247

38.31% of housing units are renter occupied.

2.42% are vacant.

Commute

Car
78.09%
Public Transportation
3.40%
Walk to Work
1.39%
Work from Home
15.04%
Other
1.76%

The median travel time to work is 28 minutes.

People

Population
98,816
Median Age
35.50
Median Household Size
4.42

Education

High School
26.85%
Associate’s Degree
4.65%
Bachelor’s Degree
8.65%
Graduate Degree
2.41%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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