12
See all 12 photos
$879,000
Est. payment /mo
3 BD
2 BA
1,296 SqFt
Price Dropped by $10K
19350 Lanark ST Reseda, CA 91335
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
02/19/2025 02:48 AM
Key Details
Property Type Single Family Home
Sub Type Single Family Home
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
Originating Board California Regional MLS
Year Built 1954
Lot Size 9,771 Sqft
Property Sub-Type Single Family Home
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
Area Res - Reseda
Zoning LARS
Interior
Heating Forced Air
Cooling Window / Wall Unit
Fireplaces Type None
Laundry In Closet, Other
Exterior
Parking Features Other
Garage Spaces 2.0
Fence 3
Pool 31, None
View Local/Neighborhood
Building
Story One Story
Water District - Public
Others
Tax ID 2105016018
Special Listing Condition Not Applicable
© 2025 MLSListings Inc. All rights reserved.
Listed by Shira Dunn • Keller Williams Luxury