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Unlock the potential of this prime commercial offering with RTI permits for an 82 unit affordable housing project. Situated on a 16542.70 square foot lot, the approved plans include 20 studio units and 62 one bedroom units, each ranging from 430 to 600 square feet. This layout is designed to maximize both functionality and affordability.The project also includes 23 parking spaces, providing convenience and added value for future residents. With all permits ready to go and a fully entitled design, this is a shovel ready opportunity for immediate development.An exceptional investment opportunity for developers, nonprofits, or housing authorities looking to bring a meaningful, income-generating project to market.
Property Type(s):
Commercial
| Last Updated | 5/7/2025 | Year Built | 1960 |
|---|---|---|---|
| Community | Van Nuys | County | Los Angeles |
Additional Details
| AREA | Van Nuys |
|---|---|
| LOT | 0.38 acre(s) |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| STORIES | 1 |
| WATER | Public |
Location
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Listed with JohnHart Real Estate
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