Senior Housing Development
For Sale
$8,950,000
7111 Lindley Avenue Reseda, Reseda, CA 91335
Entitlement has been initiated for a proposed senior living community of approximately 95 units with a cafeteria and shared common areas.
Property SizeContact for details
Days on Market53
Property Features for 7111 Lindley Avenue Reseda
General Information
Standard status
Active
Additional Details
Multifamily Units
95
Amenities
47351
1.087
Assessor
Listed By:
Jessica Kao
(909) 328-1567
Source:
Rmarealty
Added: Jul 14
Changed: Sep 2
Last Checked: Sep 4 at 2:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jessica Kao
Investment Insights
Based on property information with market context.
This development opportunity features an entitlement process already initiated for a proposed senior living community, including plans for approximately 95 units and on-site amenities such as a cafeteria and shared common areas. Buyers are advised to verify allowable uses and potential incentives through LADBS and TOC guidelines.
The seller notes that no joint venture (JV) offers are being accepted. The seller is also willing to carry financing for up to two years at 6.0% interest with $1,000,000 down, with terms described as negotiable.
All interested parties should complete their own due diligence regarding project approvals, allowable uses, and any applicable incentive eligibility.
The seller notes that no joint venture (JV) offers are being accepted. The seller is also willing to carry financing for up to two years at 6.0% interest with $1,000,000 down, with terms described as negotiable.
All interested parties should complete their own due diligence regarding project approvals, allowable uses, and any applicable incentive eligibility.
Key Highlights
- 1.087‑acre lot size (47,351 SF) per Assessor
- Entitlement process initiated for a proposed senior living community
- Proposed approximately 95 units with a cafeteria and shared common areas
Property Analytics
Property Profile
Current Use
Lease Details
95
Residential units
Location Intelligence
Trade Area within ½ mile
2,605
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91335, CA
76,650
Population
25,615
Households
3
Avg Household Size
39
Median Age
30%
College-Educated
78%
High-School Grad
6.6 sq mi
ZIP Area
11,614
Density / Sq Mi
$77,164
Median Household Income
$37,470
Median Earnings
$1,811
Median Rent
$700,400
Median Home Value
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- Sherman Way Adult Day Health Care — 18301 Sherman Way, Reseda, CA 91335
Frequently Asked Questions
What type of property is this?
Senior housing / Retirement Home - Entitlement has been initiated for a proposed senior living community of approximately 95 units with a cafeteria and shared common areas.
Where is this senior housing / retirement home located?
The property is located at 7111 Lindley Avenue Reseda Reseda, CA.
What is the asking price?
The asking price for this property is $8,950,000.
What are key features of this property?
This property features: 1.087‑acre lot size (47,351 SF) per Assessor; Entitlement process initiated for a proposed senior living community; Proposed approximately 95 units with a cafeteria and shared common areas
