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For SaleLuxury

$8,950,000

47,350 sqft$189/sqft466 days on market

7111 Lindley Avenue

Reseda, CA 91335

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

47,350

Square feet

—

Built

Listing narrative

Description

Prime Development Opportunity. 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. 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.

Listing agent (MLS): Roger Perry · Listing brokerage (MLS): Rodeo Realty

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$8,950,000

Beds

Beds n/a

Type

Commercial

Home Size

47,350 sqft

Baths

Baths n/a

Lot Size

1.09 acres

Year

Year n/a

Status

For Sale

Days on Market

466

$ / Sqft

$189

· 8% down, 7% APR, 30yr fixed
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Courtesy of Rodeo Realty