Description

Finally the true gem that you have been looking for is here! This multi-unit corner residential lot is located in the highly desirable city of Encino California, just moments away from the 101 & 405 freeways and Ventura Blvd. This property is comprised of a newly remodeled three bedroom, two bathroom main house with quartz waterfall kitchen counters, brand new appliances, decorative lighting fixtures and so much more! Attached to the main house is a 500 sq ft private living space with kitchenette, bathroom and closet. Lastly, a 300 sq ft detached living quarter is located in the far corner with kitchenette & bathroom. The backyard offers ample space to build a pool, large ADU or to simply enjoy the matured fruit trees throughout the refreshed landscape. The City of Los Angeles now allows for up to three addresses per single family lot! This property is perfect for any one looking for additional rental income, a place to stay for extended family members, or for an investor/ developer. Anyone can obtain the permits for an ADU & Junior ADU, then gain roughly a half a million dollars in property value, virtually instantly! Sellers have just completed $100,000+ in renovations, making this house move in ready! Don’t miss this opportunity to own three units in Encino California at such an incredible price!