Location, Location ,location The whole street is under construction with brand new apartments with great rental ,you must see the street to understand the potential .This is the last Rti land. Investors and builders this is a great opportunity to take advantage of this gem and build a great investment property in a great area of Van Nuys near Encino, Costco, Luxury Car Dealerships, Police station and Lake Balboa .If you go to the street everyone is building new apartment buildings therefore in the next couple years the whole St will have modern buildings which will boost the prices further up. 11 unit 4 story story luxury condominium 14,936 sf Residential including 4027 sf of parking ready to be built plans and permits are ready for lucky builder. 4 one bed one bath,4 two bed two bath and 3 one bed plus big den with one bath. Roof deck for entertainment ,barbecue area and much more . **The project can be built as a condominium or apartment building your choice** Buyer and Buyer's Agent to Verify all information themselves as information here has been provided by the Assessors, Builder and information from the plans available for review on this Listing. This is a 1031 exchange with no cost to the Buyer.