6826 Hazeltine Ave, Van Nuys, CA 91405

Van Nuys is undergoing a huge transformation. Up and coming developments are all over town. The opportunity is to break ground immediately on this RTI, permit paid for development triplex and begin construction the day escrow closes. Plans approved for two 2 bedroom 2 bath units totaling approx 2,000 SQ FT and a penthouse unit totaling 1,650 SQ FT perfect for an end-user. Above grade construction with a ground floor basement for parking and 2 stories above. The sophisticated developer could have this project ready within 12 months. Knowing interest should remain low for the construction period this investment is virtually bulletproof. Possibility to purchase attached lot , MLS 19-493302, 6830 Hazeltine ave for 1,099,000 will sell together or separately, $1,678,000 for both. With interest steady for the next 12 months, these beauties won't last.