Call for offers. Marcus & Millichap is pleased to present an RTI (ready to issue permits) development consisting of 24 residential units and 1 office unit. The project is shovel ready meaning a buyer may start the development immediately. One of the best benefits of the property is that it was designed to have only on grade parking, which greatly reduces the construction costs. Additionally the property is not subject to the linkage fee or measure JJJ. The unit mix consists of 16: 1 Bed / 1 Bath and 8: 1 bed / 1 Bath + Den. The property is within walking distance to two stations of the proposed 1.3 billion dollar Light Rail on Van Nuys Blvd and nearby many restaurants, Panorama Mall, Walmart, Rite Aid and Bank of America.