LP.com

What an amazing opportunity for this true RESEDA RANCH HALF ACRE property with 4 homes! This property produces income from the front of the property all the way to the back. This property is perfect for multi families or investors. FRONT HOUSE #1 - 19111 ARMINTA is a 3 bedroom 2 bath over 1,200 sq ft., newer construction and faces Arminta St. HOUSE #2 – 19111 ARMINTA ADU is attached to the front home with 2 Bedrooms 1.5 bathrooms, nearing 1,200 sq ft. of living space. HOUSE #3 - 19113 ARMINTA - Is a 2 story approx. 2,100 sq ft. 4 bedrooms and 3 full bathrooms. STUNNING HOME! HOUSE # 4 – 19113 ARMINTA ADU is magnificently built 3 bedroom 2 bath nearly 1,600 sq ft. with soaring ceilings. This Reseda estate has street to street access. There is room for two motorhomes or 5th wheels. The 5th wheel that's there now, is staying with the sale. The sellers spared no expense to hook in the water, power, and sewer for 2 RV’s. Also, two storage units at the rear of the property that can be rented or used by the new owner. There is also a 5th structure that eventually can be made into another 1 bedroom 1 bath unit behind the garage. This room has been plumbed for water and power. With today’s building laws changing, the possibilities are endless with SB9 and SB10. The oversized two car garage backs up to this 5th structure. There is also a small room or office in the oversized 2 car detached garage. There is an automatic fence at the rear of the property this gives access to the back homes and the front of the property has access to the front homes. Over 6,000 sq ft. of homes (per owner) with at least parking for 25 cars. Each house has their privacy, so everyone is not on top of each other. There are 3 power meters on the property, with 2 separate addresses. Every part of this property is in move-in condition. If you’re comparing this to an apartment building, there is little monthly debt. All properties will be vacant by the close of escrow. Owner pays for Gas and Water. 3 of the Homes pay their own power. There are 36 solar panels on the roofs to reduce power down to low monthly costs. There is also two storage units - one is 40 ft long, the other is 20 ft long. This can also gain some income. Newer roofs on several homes. 2 Rubbermaid 5x8 sheds for extra storage. Buyers will be able to set their rental prices and get at least $14,000 a month. Priced to sell! Excellent opportunity in Reseda Ranch!