5
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$8,950,000
Est. payment /mo
1.09 Acres Lot
Price Dropped by $50K
7111 Lindley Ave Reseda, CA 91335
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25569413
Lot Size 1.087 Acres
Acres 1.087
Property Sub-Type Land
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.
Location
State CA
County Los Angeles
Area Reseda
Others
Special Listing Condition Standard
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Listed by Rodeo Realty
NEARBY SCHOOL & BUSINESS
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Roddy de la Garza
Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113