Preliminary studies indicate that a mixed-use development of approximately 100 unit apartments and 20,000 square feet commercial development might be possible. Proposed parking requirements will be a full subterranean parking which will accommodate 130-140 parking stalls and an additional on grade parking of about 25,000 square feet which will accommodate about 70-80 additional stalls.The property consists of two separate contiguous parcels which are located just adjacent to the highly trafficked signalized corner of Lindley Ave. and Sherman Way in the City of Reseda. The site benefits from great visibility, three convenient access points from Lindley Ave., and one access point from Sherman way plus excellent ingress & egress from both directions. The property is easily accessible from freeways 405 and 101, the two major freeways through the San Fernando Valley.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
