Price Reduced $100K! We are pleased to present for sale a wonderful RTI development opportunity located in the heart of Van Nuys. Situated on an 8,000 sqft lot, the approved plans call for a ~1,900 sqft single family residence plus a 1,200 sqft Accessory Dwelling Unit (ADU). The subject property is located in Van Nuys within close proximity to Target, Home Depot, Regency Theatres, shopping, transportation (405 Freeway), and more. New construction/renovated sales comps in this area selling for ~$675/SF!! Currently a vacant lot = save on demolition costs! Construction financing options available. Do not miss this opportunity to purchase an excellent starter project in a high rental demand area of the San Fernando Valley. Contact listing agent for copy of approved plans or for more details!