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7111 North Lindley Avenue, Reseda, CA 91335

$8,900,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 1.26 Acres
  • Updated 1 day ago
7111 North Lindley Avenue, Reseda, CA 91335 View this property at 7111 North Lindley Avenue, Reseda, CA 91335
7111 North Lindley Avenue Reseda CA 91335

Property Description

Preliminary studies indicate that a mixed-use development of approximately 100 unit apartments and 20,000 square feet commercial development might be possible. Proposed parking requirements will be a full subterranean parking which will accommodate 130-140 parking stalls and an additional on grade parking of about 25,000 square feet which will accommodate about 70-80 additional stalls.The property consists of two separate contiguous parcels which are located just adjacent to the highly trafficked signalized corner of Lindley Ave. and Sherman Way in the City of Reseda. The site benefits from great visibility, three convenient access points from Lindley Ave., and one access point from Shermanway plus excellent ingress & egress from both
directions. The property is easily accessible from freeways 405 and 101, the two major freeways through the San Fernando Valley.

Full Property Details for 7111 North Lindley Avenue

  • Price: $8,900,000
  • Status: Active
  • Type: Lots/Land
  • MLS ID: SR16756379
  • Updated: 12/2/2016
  • Added: 5 day(s) ago

Property History

  • 7111 North Lindley Avenue, Reseda, CA
  • Listed at $8,900,000 on 11/28/16

Additional Information

  • Improvements: Commercial

Location

  • Area: Reseda (RES)
  • County: Los Angeles
  • Development Name: Reseda (RES)
  • Driving Directions: On Lindley Ave. Just South of Sherman Way

Utilities

  • Water: Public, Water District
  • Dist. to Water: Water Available
  • Telecomm.: In Street

Lot Features

  • Property View: No View
  • Lot Size (Acres): 1.26
  • Lot Size (Sq. Ft.): 55,112
  • Zoning: C2, P1
  • Lot Description: Curbs, Gutters, Sidewalks, Storm Drains, Street Lighting, Rectangular Lot Shape, Lot-Level/Flat, Paved Street

Financial Considerations

  • Price Per Sq. Ft.: $161.49
  • Terms: Exchange/Trade, Cash, Cash to New Loan

Listed by Rodeo Realty, Michael Mikail - CA DRE: 00978642

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Estimate the Cost

7111 North Lindley Avenue will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

7111 North Lindley Avenue, Reseda, CA 91335 (MLS# SR16756379) is a Lots/Land property with a lot size of 1.26 acres. 7111 North Lindley Avenue is currently listed for $8,900,000 and was received on November 28, 2016. Want to learn more about 7111 North Lindley Avenue? Do you have questions about finding other Lots/Land real estate for sale in Reseda? You can browse all Reseda real estate or contact a Coldwell Banker agent to request more information.

Listed by Rodeo Realty, Michael Mikail - CA DRE: 00978642

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