Investor/Builder Zoned R-3 Vacant Flat & Clear Lot with Utilities at Street and Driveway. Excellent Opportunity to Maximize Income & Sale-Ability. Consult with City Planning. NO demo required. Great potential to build 8-18 units NO PARKING REQUIRED. Can build Approx. 10k-15k sqft structure on this lot. 4 stack high, Geo report can support this project. This information has been validated and confirmed by Architect through LADBS. buyer and their agents(s) to do their own due diligence and rely only on their findings. Valley Glen is a STRONG majority Renter Market where over 75% housing units within one mile are renter-occupied. Additionally, the Van Nuys-Northeast San Fernando Valley sub-market recorded a 3.7% increase in effective rents in the 12 months trailing 2019, with a Vacancy Rate of 2.9%. Bus Stops within 500 Feet, Metro Station 1.5Miles Away, Freeways 1 Mile Away, Bike paths. Close to Burbank, North Hollywood, Sherman Oaks & Studio City. Close to Local Colleges & CSUN. Cross Streets Fulton and Vanowen