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Agricultural

16326 Nordhoff St

16326 Nordhoff St, North Hills, CA 91343

Listing Price: $1,895,000

Lot Size
0.63 acres
Price/Acre
$3,031,443
Land Type
Redevelopment

Investment Overview

Marcus & Millichap is pleased to present 16324-16326 Nordhoff St in North Hills, a rare development opportunity situated between Nordhoff St and Sunburst St in the heart of the San Fernando Valley. The offering consists of an approximate 0.63-acre A2-1 zoned parcel, currently improved with a single-family home and equine enclosure. The property will be delivered vacant at the close of escrow with no tenants that need to be relocated or affordable units that need to be replaced. Senate Bill 9 (SB9) allows a developer to subdivide the parcel into two separate lots and develop two detached residential dwellings units on each. The site can be accessed via Nordhoff St, Sunburst St and the Alley of Gothic Ave allowing a developer a full range of creativity when positioning the development. Please contact broker for additional details about zone change and 5-lot subdivision.

Investment Highlights

  • Rare Block to Block Development Opportunity
  • Alley Entries on West and South Side
  • Property will be delivered vacant allowing for immediate development potential
  • 0.8 Miles from I-405 Freeway | 2.2 Miles from California State University Northridge
  • Located on a stretch of Nordhoff St that sees more than 40,000 VPD

Exclusively Listed By

Financing By

Agricultural

16326 Nordhoff St

Listing Price: $1,895,000

Lot Size
0.63 acres
Price/Acre
$3,031,443
Land Type
Redevelopment

Investment Highlights

  • Rare Block to Block Development Opportunity
  • Alley Entries on West and South Side
  • Property will be delivered vacant allowing for immediate development potential
  • 0.8 Miles from I-405 Freeway | 2.2 Miles from California State University Northridge
  • Located on a stretch of Nordhoff St that sees more than 40,000 VPD

Investment Overview

Marcus & Millichap is pleased to present 16324-16326 Nordhoff St in North Hills, a rare development opportunity situated between Nordhoff St and Sunburst St in the heart of the San Fernando Valley. The offering consists of an approximate 0.63-acre A2-1 zoned parcel, currently improved with a single-family home and equine enclosure. The property will be delivered vacant at the close of escrow with no tenants that need to be relocated or affordable units that need to be replaced. Senate Bill 9 (SB9) allows a developer to subdivide the parcel into two separate lots and develop two detached residential dwellings units on each. The site can be accessed via Nordhoff St, Sunburst St and the Alley of Gothic Ave allowing a developer a full range of creativity when positioning the development. Please contact broker for additional details about zone change and 5-lot subdivision.

Exclusively Listed By

Financing By

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