Attention All Developers, Investors, Contractors! Great opportunity to build multifamily units on this 7,502 sqft. Lot, zoned LAR3, Tier 3 a block away from Orange Line Busway. Transit Priority Area in the City of Los Angeles, HUBZone Qualified. Buyer to verify with the City as to the number of units that can be built. Owner occupied for the last 26 years, never been rented. Currently features a charming 2 Beds 1 Bath main house and a 1 Bed 1 Bath back unit occupied by family. Never been rented. Conveniently located in the heart of Van Nuys. Within walking distance to Orange Bus Line, shops, restaurants, DMV, Court House, and the LADBS. Drive by only, please do not disturb occupant. Property being sold for land value, will be delivered vacant. Back on the market after multiple offers received, multiple times! Buyers could not perform! If you missed it before, don't let this opportunity pass you by, this is the time to build multi-family!
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