8350 Reseda Boulevard, Northridge, CA 91324
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Listed Price :
$5,925,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
Property Description
We are proud to exclusively present for sale a huge vacant lot on Prime Reseda Blvd. in Northridge neighborhood of the San Fernando Valley, priced attractively at $125 PSF. Situated near Cal State Northridge (CSUN), the Northridge Fashion Center, Costco, Parks, and well rated schools, the traffic counts on Reseda Blvd. will provide for maximum visibility. The vacant lot measures over an acre, at 47,404 SF, with 510 feet of frontage, providing many possibilities with its 90 to 95 foot depth. The property is perfect for an ED1 or Mixed-Use Project and features a Tier 1 SAFMR designation! The (Q)C2-1VL TOC Tier 3 Zoning should allow for drive-through restaurants or retail. This vacant land has no RSO issues, no replacement issues, no demolition issuesit's just ready to work on your next big project! Just over a mile to the Metrolink Northridge Station, let Metrolink open up all of Southern California to your future residents, connecting to Burbank Airport, Union Station and the coming East San Fernando Valley Light Rail Transit Project! LA's yet to be implemented Citywide Housing Incentive Program (CHIP) will benefit this property's TOC Tier 3 designation, aligning Local and State density bonuses and simplifying the Mixed-Income Incentive Program (MIIP) and the Affordable Housing Incentive Program (AHIP). Possible concepts for development of the land (among many other options) include splitting the land into two pads straddling an existing easement, where one can mix and match retail or multi-residential. In Pad 1 build 72 units with podium parking or a 2,000 SF commercial building with drive-thru and 20 parking spaces open to the sky. In Pad 2 build 80 units with podium parking or a 2,000 SF commercial building with drive-thru and 30 parking spaces open to the sky.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
Listing Information
| Address |
8350 Reseda Boulevard |
| City |
Northridge |
| State |
CA |
| Zip |
91324 |
| County |
Los Angeles |
| Listing Agent |
Dario Svidler DRE #01884474 |
| Courtesy Of |
Keller Williams Beverly Hills |
| List Price |
$5,925,000 |
| Status |
Active |
| Type |
Land |
| Structure Size |
N/A |
| Lot Size |
47,420 |
Listing information courtesy of: Dario Svidler, Keller Williams Beverly Hills. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 9th, 2025 at 3:28 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
