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$5,925,000

Est. payment - /mo

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1.09 Acres Lot

Active Under Contract

8350 Reseda BLVD Northridge, CA 91324

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Kary Manering

karymanering@gmail.com +1(619) 213-2878

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Key Details

Property Type Vacant Land

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 25478899

HOA Y/N No

Lot Size 1.089 Acres

Lot Dimensions Assessor

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.

Location

State CA

County Los Angeles

Area Nr - Northridge

Zoning (Q)C2-1VL Tier 3

Interior

Fireplace No

Exterior

View Y/N Yes

Building

New Construction No

Others

Senior Community No

Tax ID 2786026062

Special Listing Condition Standard

Listed by Dario Svidler Keller Williams Beverly Hills

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

10

Darby Avenue Charter Elementary

Public | KG - 5
10

Balboa Gifted/High Ability Magnet Elementary School

Public | 1 - 5
9

Superior Street Elementary

Public | KG - 5
9

Beckford Charter for Enriched Studies

Public | KG - 5
8

Our Community Charter

Public | KG - 8
8

Topeka Charter School for Advanced Studies

Public | KG - 5
8

Sherman Oaks Center for Enriched Studies

Public | 4 - 12
8

Stagg Street Elementary

Public | PK - 5
8

Mayall Academy of Arts & Technology Magnet

Public | KG - 5
8

Valley Charter Elementary School

Public | KG - 5
7

Andasol Avenue Elementary

Public | PK - 5
7

Lorne Street Elementary

Public | KG - 5
6

Shirley Avenue School

Public | KG - 5
6

Calahan Community Charter

Public | KG - 5
6

Lemay Street Elementary

Public | KG - 5
6

Granada Community Charter

Public | PK - 5
6

Valley Alternative Magnet

Public | KG - 12
5

Fullbright Elementary

Public | PK - 5
5

Ivy Bound Academy Math, Sci, and Tech Charter Middle School

Public | 5 - 8
5

Winnetka Elementary School

Public | KG - 5

Middle Schools 13

9

Nobel Middle School

Public | 6 - 8
8

Oliver Wendell Holmes School

Public | 6 - 8
7

Magnolia Science Academy

Public | 6 - 12
6

James Jordan Middle School

Public | 6 - 8
6

Patrick Henry Middle School

Public | 6 - 8
6

Magnolia Science Academy 2

Public | 6 - 12
5

Mulholland Middle School

Public | 6 - 8
1

John A. Sutter Middle School

Public | 6 - 8
1

Northridge Middle School

Public | 6 - 8
0

Chaminade College Preparetory

Private | 6 - 12
0

Diane S. Leichman Special Education Center

Public | 6 - 12
0

Joaquin Miller Career and Transition Center

Public | 6 - 12
0

Northpoint School & Intensive Outpatient Program

Private | 6 - 12

High Schools 11

10

High Tech la

Public | 9 - 12
9

Granada Hills High School

Public | 9 - 12
7

Cleveland Charter High School

Public | 9 - 12
7

Daniel Pearl Journalism & Communications Magnet

Public | 9 - 12
6

Northridge Academy High School

Public | 9 - 12
5

Birmingham High School

Public | 9 - 12
5

Valley Academy of Arts & Sciences

Public | 9 - 12
4

Reseda Charter High School

Public | 9 - 12
0

John R. Wooden High School

Public | 9 - 12
0

Zane Grey Continuation

Public | 9 - 12
0

Independence Continuation

Public | 9 - 12

School and business data provided by Attom Data.

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Kary Manering

Agent | License ID: 01999946

+1(619) 213-2878

8350 Reseda BLVD Northridge, CA 91324

Kary Manering

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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8350 Reseda BLVD