Incredible opportunity just minutes from CSUN—this RTI-issued, shovel-ready development at 17409 Nordhoff St, Northridge is a premier student-housing investment designed for maximum privacy and income. With fully approved plans, construction can begin immediately on two luxury new-construction homes, each featuring 5 ensuite bedrooms and 5 bathrooms, plus two approved ADUs (a 1,200 sq ft 3-bed/2-bath and an 800 sq ft 2-bed/1-bath), creating a total of 15 private ensuite bedrooms, each with its own bathroom and modern touch-screen lock. Spanning over 6,000+ sq ft on a flat lot, the contemporary design offers high ceilings and an efficient multi-unit layout ideal for students seeking private living steps from campus. Walking distance to CSUN and close to shopping centers, this high-demand location supports estimated income of $18,000–$20,000 per month, making it a rare, turnkey, student-focused income property with strong long-term upside—plans complete, RTI in hand, and ready to break ground.
Exceptional redevelopment opportunity in Prime Northridge! The rear adjacent similar lot is also for sale with another broker! Someone should buy both properties! Situated on a spacious, flat, rectangular lot, this property is ideal for new construction, expansion, multiple homes, or investment. The existing 1,853 sq ft home is sold strictly AS-IS, providing a clean slate for your next project. Features include a long driveway with a motorized entry gate and a location surrounded by ongoing redevelopment and newly reimagined homes. Owned by the same family since 1975, properties with this kind of land and potential seldom become available. Act quickly — possibilities are endless.
Rare opportunity to purchase a 29,364 SF flat lot in prime Northridge. Zoned LARA with County Land Use designated as Triplex. Buyers are encouraged to explore SB9 development potential, which could allow for multi-family use. Conveniently located near CSUN, shopping, dining, and public transportation. Nothing comparable currently available in Northridge.
We are 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 issuesit'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.
Northridge is located in California.
