Extremely rare and excellent opportunity! Vacant, flat lot in the heart of Van Nuys located on a street surrounded by multi-unit buildings. With 7,500 sq ft, zoned R3 and Tier 3 TOC, you have the opportunity to build 9+/- Units by Right, or 15+/- Units by Transit Oriented Communities (TOC) Incentive Program, or go 100% Affordable Housing and build even more! Buyer to verify with city. Excellent location near shopping, dining, trendy Van Nuys Blvd, and just minutes to LA Valley College and the NOHO West development.