7111 Lindley Avenue, Reseda, CA 91335
- $8,950,000
- List Price
- $8,950,000
- Status
- ACTIVE
- Days on Market
- 421
- Price Change
- ▼ $50,000 1775527787
- MLS#
- 25569413
- Subtype
- Commercial Sale
- Lot Size
- 47,351
- Acres
- 1.09
- Building Name
- 7111-7135 Lindley Ave
- MLS Area Major
- Reseda (RES)
Property 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.
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Listing courtesy of Listing Agent: Roger Perry (team@rogerperry.com) from Listing Office: Rodeo Realty.
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.