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    7111-7135 Lindley Ave Los Angeles, CA 91335

    Sponsored
    For Sale
    $8,500,000

    Prime Los Angeles location, 65,000 sq ft, C2-1 zoning.

    Property size:
    65,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 65,000 square foot commercial land parcel, located at 7111-7135 Lindley Ave in Reseda, California, presents a unique investment opportunity. Priced at $8,500,000 ($130.77 per square foot), this property boasts two existing three-story buildings. Currently zoned C2-1 and P-1, a zoning change is anticipated within months, opening up diverse development possibilities. The permitted zoning allows for a wide range of uses, including multi-family residential, storage facilities, or mixed-use projects. Prospective buyers are encouraged to verify permitted uses with the Los Angeles Department of Building and Safety (LADBS). The seller has initiated the entitlement process for a senior living development, targeting approximately 150 units and incorporating communal spaces such as a cafeteria. A financing option is available, with the seller potentially carrying a portion of the financing for up to two years at a 6.0% interest rate, requiring a $1,000,000 upfront payment. This financing structure is negotiable. This property is ideal for developers seeking a prime location with significant potential for high-density development. Please note that joint venture deals are not being considered. The property is located in Los Angeles County, CA, zip code 91335.

    Property Features for 7111-7135 Lindley Ave

    General Information

    Property type
    Land
    Square Feet
    65,000 SF

    Building Details

    Buildings
    2
    Stories
    3

    HighLights

    • $8,500,000 asking price for 65,000 square feet of commercial land.
    • Located at 7111‑7135 Lindley Ave, Los Angeles, CA 91335.
    • Features two, three‑story buildings.
    • C2‑1, P‑1 zoning (C2 zoning change pending completion).
    • Seller financing available: up to 2 years at 6.0% interest with $1.0M upfront payment (negotiable).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.527482
    Latitude
    34.2000547

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    FAQs

    What type of property is this?
    Land - Prime Los Angeles location, 65,000 sq ft, C2-1 zoning.
    Where is this land located?
    The property is located at 7111-7135 Lindley Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $8,500,000.
    What are key features of this property?
    This property features: $8,500,000 asking price for 65,000 square feet of commercial land.; Located at 7111-7135 Lindley Ave, Los Angeles, CA 91335.; Features two, three-story buildings.
    (310) 740-4029
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7111-7135 Lindley Ave Los Angeles, CA 91335
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