8350 Reseda Blvd.

Partners CRE is 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 issues…it’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.