Reseda (los Angeles), CA 91335,19350 Lanark Street
Reseda (los Angeles), CA 91335,19350 Lanark Street
Reseda (los Angeles), CA 91335,19350 Lanark Street
Reseda (los Angeles), CA 91335,19350 Lanark Street
Reseda (los Angeles), CA 91335,19350 Lanark Street
Reseda (los Angeles), CA 91335,19350 Lanark Street
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Listed by Shira Dunn • Keller Williams Luxury
$ 879,000
Est. payment | /mo

3 Beds

2 Baths

1,296 SqFt


Save
$ 879,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,296 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,296 sqft

Price per Sqft $678

MLS Listing ID CRSR25005652

Bedrooms 3

Full Baths 2

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1954

Lot Size 9,771 Sqft

Property Sub-Type Detached

Property Description

An incredible opportunity for developers and investors, this approximate 10,000 sq. ft. lot comes with approved plans to build a 4-unit property designed for maximum rental income potential. The plans include a main house spanning 2,358 sq. ft. with 4 bedrooms, 3 bathrooms, a 2-car garage, and a large backyard with a swimming pool, projected to generate $6,000/month in rental income. The second dwelling is planned as a 2-bedroom, 2-bathroom unit with a private yard and an estimated rental income of $3,300/month. Additionally, the plans include two 701 sq. ft. ADUs, each featuring 2 bedrooms, 1 bathroom, private access, and separate backyards, with projected rental income of $3,500/month per unit. Designed with high ceilings and modern layouts, this project offers a total estimated income of $16,300/month once completed. With an estimated construction cost of $750,000, the project delivers a projected 12% cash-on-cash return or an even higher cap rate with financing. This is a rare opportunity to build and capitalize on a lucrative investment opportunity. Plans available upon request.

Location

State CA

County Los Angeles

Interior

Heating Forced Air

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Laundry Closet, Other

Exterior

Garage Spaces 2.0

Pool None

View Other

Private Pool false

Building

Lot Description Street Light(s)

Story 1

Water Public

Schools

School District Los Angeles Unified

Bay East AOR and Contra Costa AOR
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2001 Clayton Rd, Concord, CA, 94520, USA

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19350 Lanark Street