Excellent opportunity to develop with [Q]R3 zoning, TOC Tier 3, located in an opportunity zone. The existing structure is a well-maintained single-family house with a converted back unit (not-permitted) on approximately 6,500 SF of land. The property may be rented out as is or while waiting for plans & permits to develop. Located in the high-demand rental market of Van Nuys(North Sherman Oaks) with close proximity to the 405, 101, and 170 freeways. Close to shopping, restaurants, and Van Nuys High School.