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19350 Lanark Street
USD 899,000
Property ID: SR25005652
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19350 Lanark Street ,91335
icon Single-family villa
icon 9771 SqFt
icon Built in 1954
icon USD 92/SqFt
icon 3 Beds
icon 2 Full
icon --
icon --
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Location
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Interior Details
Bedrooms
3
Bathrooms
2
Interior Size
1296
Construction Details
Property Type Single-family villa
Property Condition --
Architectural Style --
New Construction --
Year Built 1954
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Detailed Introduction Of This Home
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.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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19350 Lanark Street
USD 899,000 3 Beds
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