BACK ON THE MARKET, FELL OUT OF ESCROW ** 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.** Time Is Money !!! Great lot Cleared and Ready to Build. Included with the sale of this property are Los Angeles City RTI (Ready to Issue) approved plans for a 4-unit apartment building in a great location in Granada Hills. * No need to demo any structure (already done) * Sewer...already capped. * No plan check no revisions. * Slab on grade style construction. * No subterranean costs. * Plans are grandfathered in compared to current code * All four units are 3-bedroom 2 1/2 Bath with almost 1700 SqFt. * Each unit has their own laundry room and two covered parking spaces. * Street to alley lot with rear entrance off alley * Adjacent Lot also has RTI approved plans for identical 4-unit building. Demolition completed, and sewer capped. * Buy one lot or both lots and break ground right away. * Imagine the options. Big advantage of 4-unit buildings, treated as residential instead of commercial and much easier back end financing. * Always a demand for 4-unit buildings. Do the math: Market rents are $3,200 per unit Great exchange property for a builder $775,000 per lot with RTI approved plans Call listing agent for special construction cost discounts
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