Entitled to build 12 Single Family Homes, the current design calls for homes with 4 bedrooms, 3.5 bathrooms, an open-floor concept with kitchen, dining & living room on one level, a master suite & a large and comfortable roof-top deck. One bedroom and bathroom are on the ground level. The property includes two separate parcels in prime Valley Village & will be delivered with a Letter of Determination for a Small Lot Subdivision. The project needs to be finished (only Architectural done) & submitted for LADBS approvals. This sale includes Architectural Plans, approved Soils Report & Vesting Tentative Tract. Phase 1 environmental reports have been done for both parcels & both show a clean history with no limitations to construction. Currently, one parcel contains a large, single story subdivided office building. The second lot includes a front restaurant & three vacant apartments in the back. Both parcels will be delivered vacant. 5137-5149 Colfax Ave. APNs 2355-005-037 & 38.