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Size: 0.16 Acres
Type: House
Home: 3 beds - 2 full baths - 1,408 Sq Ft

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SINGLE_FAMILY - Van Nuys, CA

INCREDIBLE DEVELOPMENT OPPORTUNITY IN PRIME SHERMAN OAKS! Property is will be sold with READY-TO-ISSUE (RTI) PLANS for THREE MODERN LUXURY TOWNHOMES a total of 9 bedrooms and 9 bathrooms. The lot is FULLY SUBDIVIDED in three APNs. There's an opportunity to ADD an ADU for additional income potential. Start building right away PERMITS ARE almost READY TO PULL. Each townhome is thoughtfully designed with CONTEMPORARY ARCHITECTURE, OPEN FLOOR PLANS, and PREMIUM FINISHES. Projected future value is $1,200,000+ PER UNIT, making this an ideal opportunity for BUILDERS, DEVELOPERS, or INVESTORS looking to live in one unit and sell or rent the others. Located in a HIGHLY DESIRABLE NEIGHBORHOOD close to top schools, shopping, dining, and easy freeway access.

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Compass

License #02190005

Beverly Hills, CA

(310) 861-9484
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Is this your property? Sell it faster with premium placement and targeted ads.