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8350 Reseda Blvd

Northridge, CA 91324
  • $5,925,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 25-478899
UPDATED: 48 min ago
$5,925,000
  • 0
    BEDS
  • 1.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

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.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-02-12T07:42:43.873. 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.
www.searchdesertrealestate.com/homes/159302931
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8350 Reseda Blvd Northridge, CA 91324

  • Price: $5,925,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 48 min ago
  • MLS #: 25-478899
0
Beds
0
Baths
0
½ Baths
1.09
Acres
Neighborhood:
Northridge
County:
Los Angeles
Area:
Northridge
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.
Exterior Features

Lot Size Area 47420 Road Frontage 510 Feet View Description Other View YN Yes

Property Features

Cable YN Yes Disclosures OtherAs Is Potential Usage Build multi-residential and/or retail. Present Use Vacant Land. Sale Type Standard Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Assessor Zoning (Q)C2-1VL Tier 3

Listing provided courtesy of Dario Svidler DRE#01884474 of Keller Williams Beverly Hills: 310-432-6400.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-02-12T07:42:43.873. 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.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210