Los Angeles HOUSE FOR SALE WITH 3 ADUS AND PERMITS TO BUILD 2 MORE HOMES

Unlimited Investment Opportunities on a Spacious Lot!

The expansive lot, nearly 1/2 acre in size, is home to a diverse property mix. A front house featuring 3 bedrooms and 2 baths, complemented by an attached 1 bedroom and 1 bath JDU at the rear with its own entrance. Additionally, a newly built ADU in 2023 spans approximately 900 Sqft. The property includes ready-to-go plans and permits for the construction of another house and ADU at the back.

Explore the potential for a sober living complex, an elderly care facility, or take advantage of AB1033—recently approved in California. This legislation enables property owners to sell individual ADUs, provided there's an HOA covering the whole property, mirroring the condominium sales model. With California's average 1,000 square-foot home or condo fetching between $450,000-$800,000, this property offers a lucrative opportunity. Whether opting to build and sell the ADUs or hold and rent them out, the financial upside is significant.

Don't miss this exceptional chance! The property boasts a gated driveway extending behind the main house and additional parking suitable for an RV, plus more space in front of the gate. With endless possibilities awaiting, only a bit of TLC and vision are required. Positioned conveniently close to all amenities, this is an opportunity not to be overlooked.