Demolish and Build Tomorrow in Van Nuys. APPROVED PLANS AND PERMITS. RTI. Or. .. rent existing home and build later. Shovel-Ready Deal. Strong Van Nuys location. Several hundred feet from LAPD's Van Nuys Station and the LA Superior Court campus. Lots of newer condo and townhome product on this block and surrounding. Location gentrifying fast. Approved plans and permits. RTI. Build 8,000 sq. ft. on a 6,255 sq. ft. lot. Four 4 Bed/4 Bath Townhome-Style Units + One 2 Bed/2 Bath ADU. $225,000+/- Scheduled Gross Income. Can rehab and rent the current 2 Bed/2.5 Home on-site now. .. if you want to develop at a later time. EXCLUSIVELY LISTED AT $1,299,000
Highly desirable neighborhood in Valley Glen! We are excited to present this oversized hard to find Land that is 10,070 square feet and is ready for the wonderful home of your dreams. This is an amazing opportunity for an owner builder, an investor for income property or a developer to come in and start building without the hassle of buying a tear down. Property has improvements already done including a new sewer line, new sidewalk, vinyl fencing on the sides and a new driveway. Under California’s SB 9, you have the opportunity to build up to four units on this lot, making it an ideal choice for maximizing your investment. Imagine creating a duplex with two Accessory Dwelling Units (A