7111 Lindley Avenue, Reseda, CA 91335

List Price
$9,000,000
Status
ACTIVE
MLS#
25569413
Lot Size
47,351
Acres
1.09
Days on Market
53
Property Type
Commercial

Property Description

Prime Development Opportunity C2 Zoning In Progress. Seller has initiated the entitlement process for a proposed senior living community, including plans for approximately 95 units with on-site amenities such as a cafeteria and shared common areas. C2 zoning offers a wide range of development possibilities, including multi-family residential, self-storage, and mixed-use applications. Buyers are advised to verify allowable uses and incentives with LADBS and TOC guidelines. No Joint Venture (JV) offers, please. Seller is willing to carry financing for up to 2 years at 6.0% interest with $1,000,000 down; terms are negotiable.

Additional Information

Attached Structure
Detached

Listing courtesy of Listing Agent: Roger Perry (rperry@rogerperry.com) from Listing Office: Rodeo Realty.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.