This inviting 2-bedroom, 1-bathroom home in Van Nuys offers exceptional potential for growth and development. Situated on a spacious lot, the property comes with paid, approved city plans for an addition to the main residence, as well as the addition of both an Accessory Dwelling Unit and a Junior ADU. These paid plans provide a tremendous opportunity for additional living space, rental income, or extended family living. With ample room to expand and a prime location, this property offers a solid foundation for creating a custom home while capitalizing on its future potential. Perfect for investors, first-time buyers, or those seeking a strategic investment in Van Nuys. Close to Lake Balboa/Anthony Beilenson Park. Don’t miss this rare opportunity!