Fully permitted and offered with RTI (Ready-To-Issue) permits, this exceptional property presents a rare investment and development opportunity in the highly desirable Rancho Park neighborhood. The approved plans include a second-story addition to the main residence, creating a spacious 2,738 sq ft home featuring 4 bedrooms and 3.5 bathrooms, plus a detached 508 sq ft ADU with 1 bedroom and 1 bathroom. Upon completion, the property will offer a total of 3,246 sq ft of living space with 5 bedrooms and 4.5 bathrooms. The thoughtfully designed floor plan embraces modern luxury living with an open-concept layout connecting the living room, dining area, and gourmet kitchen. The main level features one bedroom, while the second floor includes three generously sized bedrooms, each with its own bathroom. The detached ADU follows the same modern design aesthetic and is complemented by a detached two-car garage. Conceptual plans showcase a contemporary architectural style designed for today's lifestyle and market demand. Newly constructed homes in the area have recently sold for $3.4 million or more, depending on size, design, and finishes. Don't miss this outstanding opportunity to build and customize a premier property in one of West Los Angeles' most sought-after neighborhoods.