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Additional details
$ 1,450,000
Est. payment | /mo
$ 1,450,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25272162
HOA Y/N No
Property Description
Incredible opportunity just minutes from CSUN—this 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 upside—plans complete, RTI in hand, and ready to break ground.
Location
State CA
County Los Angeles
Area Nr - Northridge
Zoning LARA
Interior
Fireplace No
Exterior
Community Features Curbs, Urban
View Y/N Yes
View Neighborhood
Building
Lot Description 2-5 Units/Acre
Water Public
New Construction No
Others
Senior Community No
Tax ID 2766011056
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
Special Listing Condition Standard
Listed by Lilach Depas Equity Union 818-674-3374