Ready to issue permits ( RTI) Amazing 21-unit Small Lot Development Opportunity (approx. 42,750 sq.ft.) in the Sun Valley neighbourhood of Los Angeles, CA. 12515-12527 is a unique development opportunity with approved plans and permits, allowing a developer to start construction immediately. The offering is comprised of 44,559 sq.ft. (over 1 acres) of vacant land zoned LARD2. Conveniently located near 170 and 5 Freeway.