A rare development opportunity meets turnkey luxury in prime Reseda Ranch, set back on a picturesque tree lined street and fully gated for complete privacy on a massive 21,780 square foot flat and usable lot. The property is being offered with approved RTI plans to build three additional units totaling 12 bedrooms, 6 bathrooms, and over 6,000 square feet of living space, creating an extraordinary income generating compound or high density investment. The existing primary residence has been beautifully and completely remodeled, featuring more than 2,400 square feet of light filled living space with 4 ample bedrooms and 2 stylish bathrooms. A grand circular driveway leads to a welcoming covered front porch, opening to an expansive layout highlighted by new interior and exterior paint, new designer floors throughout, recessed lighting, and a modern kitchen with stainless steel appliances. Upgraded with copper plumbing and newer electrical, this unique estate delivers move in ready comfort today with immediate, massive upside potential to build tomorrow.