19010 Ingomar St, Reseda, CA 91335

Property Description

The Investment Opportunities On This Large Lot Are Endless! The Almost 1/2 Acre Lot Currently Consists Of A Front House With 3 Bedrooms & 2 Baths With Another 1 Bedroom & 1 Bath Attached JDU At The Rear House That Has Its Own Separate Entrance. There Is Also A ADU That Is Approximately 900 Sq ft & Was Built In 2023. Also Included Are Plans & Permits That Are In Place To Build Another House & Another ADU In The Rear Of The Property. Imagine Creating A Sober Living Housing Complex, In Elderly Care Housing Facility, Or With The Passing Of AB1033, (Which Was Approved By California A Few Weeks Ago), It Allows For An Owner Of The Property To Sell An Individual ADU To An Individual Buyer As Long As You Have An HOA In Place That Covers The Entire Property. In Essence, It Creates The Same Opportunity As Selling A Condominium. Records & Statistics Show That The Average 1,000 Square-Foot Home Or Condo In California Sells Between $450,000-$800,000. Putting Multiple Properties On This Property Could Create A Huge Profit Margin If The Buyer Chooses To Build & Sell The ADU’s, Or Continue To Own It & Benefit From Large Rental Income Potential, If The Buyer Decides To Hold The Properties & Rents Them. This Is A Do Not Miss This Amazing Opportunity! This Property Has A Gated Long Driveway That Goes Behind The Main Home & There’s Also A Parking Area Where You Can Park Your RV, Not To Mention More Parking Area In Front Of The Gate! Endless Possibilities! A Little TLC & Vision Are All That’s Needed. Come And See It, Close To Everything!