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$ 1,450,000
Est. payment | /mo
0.37 Acres Lot
$ 1,450,000
Est. payment | /mo
0.37 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25272162
Lot Size 0.373 Acres
Property Sub-Type Lots/Land
Property Description
Incredible opportunity just minutes from CSUNthis 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 upsideplans complete, RTI in hand, and ready to break ground.
Location
State CA
County Los Angeles
Direction On Lindley, turn right Nordhoff St.
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 2766011056
Acceptable Financing Cash
Listing Terms Cash
Listed by Lilach Depas Equity Union
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