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