Opportunity to build 20 plus unit of condo or apartment.

The property is comprised of two separate parcels with total lot size of 27186 SF. Building is on parcel #2515-017-003, and the newly paved parking lot is on parcel #2515-017-002. Building got 2 units, and all are currently occupied. Both units are long term tenants with low rents which presents a great upside potential for an investor. Each unit lessee has been on month to month for a long time, which presents a potential opportunity for an owner user. This is also an excellent opportunity for an investor to acquire an asset with future development potential such as 20 plus units of residential apartment or condo on the two parcels (Buyer to verify with the city). See the attachment of Maclay District Land Use document from city of San Fernando. The property is conveniently located within close proximity to the 210, 118, and 5 freeways. Please do not disturb tenants.