Elies Village

For Sale

8707 Lindley Ave, Northridge, CA 91325

This Northridge property for sale is located at 8707 Lindley Ave. The current listed sale price for Elies Village is $4,500,000. Elies Village is situated on a lot that is 0.44 acre in size.

Contacts

David Guardado

CBM1

Property Details

  • Property Type Retail
  • Property Size 11,050 SF
  • Units 9
  • Lot Size 0.44 Acre
  • Parking Spaces Avail. 20
  • Parking Ratio 1.63 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1986
  • Date Updated May 14, 2026
The property is prominently positioned at the northwest corner of Parthenia Street and Lindley Avenue, one of Northridge’s most active neighborhood intersections, offering exceptional visibility and convenient access. Ideally situated just half a mile from California State University, Northridge (CSUN)—a major economic driver with over 38,000 students—the center benefits from strong daily traffic and continuous demand from nearby multifamily housing, including numerous student-oriented communities. Built in 1986, the asset is supported by a robust demographic profile, with approximately 99,389 residents and an average household income of $103,457 within a 2-mile radius. The location provides outstanding regional connectivity via the 118, 101, and 405 Freeways, making it easily accessible to both local residents and the broader San Fernando Valley. This highly desirable infill location positions the center to capture consistent retail demand and long-term tenant stabilityValue-add neighborhood shopping center FOR SALE – Near CSUN: $4,500,000 Exceptional investment opportunity in the heart of Northridge. This well-located neighborhood shopping center sits just half a mile from California State University, Northridge (CSUN)—one of the largest universities in California with nearly 40,000 students and faculty generating steady traffic and demand for daily-needs retail. Positioned at the signalized northwest corner of Parthenia Street and Lindley Avenue, the property benefits from strong visibility, high vehicular traffic counts, and convenient access from both major corridors. The center totals approximately 11,050 square feet of building area, situated on a 19,166-square-foot lot, offering an efficient site layout and excellent curb appeal. The property includes 20 on-site parking spaces, providing ample customer parking and enhancing the shopping center’s accessibility. Surrounded by dense multifamily housing—including a high concentration of student-oriented residential communities—the location supports a consistent consumer base year-round.Located near CSUN and surrounded by multi family buildings, many of which are student housing. This well maintained neighborhood shopping center is centrally located to serve the nearby residents on one of the areas busiest intersections NWC of Parthenia And Lindley
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Highlights

  • 11050 SF Building On 19,166 SF Lot
  • 9-Unit Center
  • Built in 1986
  • Cap Rate 5.03%
  • NNN Lease Investment
  • NOI $226,376
  • Proforma CAP Rate 6.66%
  • Proforma NOI $298,545.72
  • Situated on a Major Signalized Intersection — Lindley + Parthenia
  • Superbly Located in Prime Northridge
  • Value-Add Investment Opportunity

Attachments

Getting around

  • 68/100

    Walk Score ®

  • 44/100

    Transit Score ®

  • 55/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Northridge, CA
  • Neighborhood Northridge
  • Zip Code 91325
  • Market Los Angeles

Points of Interest

  • Van Nuys

    4.80 miles

  • Sylmar/San Fernando

    6.25 miles

  • North Hollywood

    9.60 miles

  • 76

    0.43 miles

  • Chargie

    0.61 miles

  • B2 Charging Station

    0.62 miles

  • G3 Charging Station

    0.63 miles

  • Chevron

    1.01 miles

  • Costco Gasoline

    1.39 miles

  • Arco

    1.47 miles

  • Speedway

    1.49 miles

  • Shell

    1.52 miles

  • Mobil

    1.54 miles

  • Lot D1

    0.49 miles

  • Northridge Library Parking

    0.54 miles

  • Student Lot B1

    0.57 miles

  • Faculty/Staff Lot F2

    0.58 miles

  • Faculty Lot B2

    0.60 miles

  • Parking Structure G3

    0.64 miles

  • Restricted Lot F3

    0.66 miles

  • Student Lot B3

    0.66 miles

  • Parking Lot G3

    0.68 miles

  • B3 Parking Structure

    0.69 miles

  • Domino's

    0.04 miles

  • Khun Moo

    0.07 miles

  • Eben-Ezer

    0.07 miles

  • Cupid's Hot Dogs

    0.41 miles

  • Lum Ka Naad

    0.51 miles

  • 2 Die For Sushi

    0.52 miles

  • Orange Grove Bistro

    0.55 miles

  • Mochinut

    0.56 miles

  • IHOP

    0.56 miles

  • Little Caesars

    0.56 miles

  • Boba Tea House

    0.43 miles

  • Vallarta

    0.60 miles

  • University Plaza

    0.68 miles

  • Northridge University Center

    0.74 miles

  • Vons

    0.74 miles

  • Big Lots

    1.44 miles

  • Target

    1.45 miles

  • Mitsuwa Marketplace

    1.47 miles

  • Albertsons

    1.56 miles

  • ALDI

    1.69 miles

Contact Listing Broker
David Guardado

CBM1

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