Property Details
About this Property
An incredible opportunity for developers and investors, this approximate 10,000 sq. ft. lot 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.
MLS Listing Information
MLS #
CRSR25058753
MLS Source
California Regional MLS
Days on Site
3
Interior Features
Appliances
Other
Fireplace
None
Laundry
In Closet, Other
Cooling
Window/Wall Unit
Heating
Forced Air
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Other, Garage: 2 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Zoning
LARS
School Ratings
Nearby Schools
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
19350 Lanark St is a Single Family Residence in Reseda, CA 91335. This 1,296 square foot property sits on a 9,771 Sq Ft Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $925,000 and was built in 1954. This address can also be written as 19350 Lanark St, Reseda, CA 91335.
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This listing information is up-to-date as of March 19, 2025. For the most current information, please contact Shira Dunn
