This property in Van Nuys, California, presents a prime covered land opportunity featuring an existing eight-unit apartment complex situated on a ±20,650 square foot lot, with with a total rental unit space of ±6,870 square feet. Currently, there are four vacant units allowing for a multitude of buyer value-add scenarios. For developers, the site offers unlimited density for affordable housing projects, allowing for flexible unit design and the potential to build up to 39 units under transit oriented community guidelines. Conveniently located adjacent to the 405 Freeway, with easy access to Highway 101 and Lake Balboa Park, this location provides excellent connectivity and development potential.