This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

10650 Reseda Blvd
Porter Ranch, CA 91326

Land For Sale · 1.90 AC

Executive Summary

This is an extremely unique piece of property, rarely available in this market. The site offers tremendous visibility from both Chatsworth Ave and Reseda, however, there is only an established ingress/egress via Reseda Blvd. The property is level-grade with approx. 2.2 AC of raw undeveloped land, in addition to the current church facility and parking lot. Church has not conducted any surveys or testing and would be open to creative development scenarios that would allow their continued use and parking rights.

PROPERTY FACTS Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 1.90 AC

1 Lot Available

Lot

Lot Size 1.90 AC

Description

On Behalf of the New Life Nazarene Church, Foundry Commercial is pleased to offer this parcel totaling 4.47 AC with roughly 2.2 AC undeveloped land in the desirable San Fernando Valley submarket of Granada Hills and Porter Ranch. Zoned RE-11 with frontage on Chatsworth Ave and Reseda Blvd. The subject property is a rare piece of vacant level land in with access to major freeways and thoroughfares, as well as a variety of retail and commercial amenities. Seller is open to all proposals, however, please confirm all uses and development criteria with the city prior to submitting. The owner has the intention of retaining the remaining portion of the property to operate as a church and preschool, therefore a potential sub-division, ground lease or other creative transaction scenario may be possible. RARE LAND: This is an extremely unique piece of property, rarely available in this market. The site offers tremendous visibility from both Chatsworth Ave and Reseda, however, there is only an established ingress/egress via Reseda Blvd. The property is level-grade with approx. 2.2 AC of raw undeveloped land, in addition to the current church facility and parking lot. Church has not conducted any surveys or testing and would be open to creative development scenarios that would allow their continued use and parking rights. GROWING ECONOMY: The sites immediate area demographics suggest trending growth in both average household income and median home values, with most of the workforce being white collar employees. Access to a wide variety of education, healthcare, transportation and retail options make this a prime location for new residential development.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2731-001-003
Land Assessment
$384,874
Improvements Assessment
$1,717,347
Total Assessment
$2,102,221

zoning

Zoning Code RE11
RE11
  • Listing ID: 17461609

  • Date on Market: 10/15/2019

  • Last Updated:

  • Address: 10650 Reseda Blvd, Porter Ranch, CA 91326

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}