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$920,000
25 Days On Site

19350 Lanark Street
Reseda, CA 91335

For Sale|Single Family Residence|Active Under Contract
3
Beds
2
Full Baths
0
Partial Baths
1,296
SqFt
$710
/SqFt
1954
Built
County:
Los Angeles
Listed by Shira Dunn of Keller Williams Luxury [email protected]
Call Now: 818-815-1949
Is this the home for you? We can help make it yours.
818-815-1949
19350 Lanark Street19350 Lanark Street19350 Lanark Street19350 Lanark Street
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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.

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Listing Snapshot
Price 
$920,000
Days On Site 
25 Days
Bedrooms 
3
Inside Area (SqFt) 
1,296 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.2243 Acres
Year Built 
1954
MLS® Number 
SR25058753
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 days agoStatus changed to Active Under Contract
4 days agoListing updated with changes from the MLS®
3 weeks agoPrice changed to $920,000
4 weeks agoListing first seen on site
General Features
Acres 
0.2243
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
1
Parking 
DrivewayAttached
Parking Spaces 
2
Property Condition 
Fixer
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
Stories 
One
Water Source 
Public
Zoning 
LARS
Interior Features
Cooling 
Wall/Window Unit(s)
Fireplace Features 
None
Heating 
Forced Air
Laundry Features 
Laundry ClosetOutside
Main Level Bedrooms 
3
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Exterior Features
Fencing 
Masonry
Pool Features 
None
Spa Features 
None
View 
Neighborhood
Waterview 
Neighborhood
Community Features
Building Access 
1
Community Features 
Street LightsSidewalks
Financing Terms Available 
Cash
MLS Area 
RES - Reseda
School District 
Los Angeles Unified
Schools
School District
Los Angeles Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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