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General Retail For Sale • 23,880 SF
| Offered at $13,500,000 | ±82,227 SF (1.89 Acres) redevelopment opportunity in Northridge | |
| Zoned C2-1VL with mixed-use, multifamily, commercial, and student housing potential |
| ?Preliminary analysis indicates potential for approximately 205 by-right residential units |
| Potential density bonus pathway supporting up to approximately 308 residential units* Potential student housing redevelopment supporting up to 924 bed |
| Less than 1.2 miles from CSUN, serving one of California's largest university populations |
| Potential eligibility for State Density Bonus, CHIP, AB 2011 and other California housing incentives* |
| Cap Rate: | 3.62 % |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Northridge (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 11 min | - | 4.5 mi |
| 11 min | - | 4.5 mi | |
| Airport | Drive | Walk | Distance |
| Bob Hope | 19 min | - | 10.7 mi |
| Los Angeles International | 36 min | - | 26.2 mi |
| Long Beach (Daugherty Field) | 55 min | - | 43.7 mi |
Ara Rostamian
Marcus & Millichap
Ara Rostamian
Marcus & Millichap
