19456 Nordhoff St, Northridge, CA 91324

Prime Northridge Location

• Ideally located directly across from the Northridge Fashion Plaza and Nordhoff Plaza

• Located less than two miles from California State University Northridge

• Within close proximity to significant new multi-family development

• Significant growth in the immediate area north of 15% over the past decade
• High daily traffic counts exceeding 35,000 vehicles per day

Unique Development Opportunity Or Owner-User Opportunity

• The building is currently vacant and ideal for an owner-user buyer

• 57,283 square feet of land zoned C4

• Current zoning allows for “by-right” development of one residential unit per 400 square feet of land

• Site is eligible for a 35% state density bonus

• Ideal location for residential redevelopment

Strong Immediate Demographics and Dense Population

• High Barriers to Entry make this a strong West San Fernando Valley rental pocket

• Multiple national retailers and restaurants in the immediate area

• Vibrant single-family home market in the immediate area with a median home value of $684,908

• 18,411 people within one mile of the subject property, 235,116 people within three miles, and over 528,000 people within five miles

• Affluent demographic with an average income of $100,179 within one mile and a median household income of $80,619

Highly Amenitized Local Sub-Market with Significant Development

• Significant development in the immediate area including the brand new Symmetry Apartments, a brand new contemporary apartment community, directly across the street

• Within less than 1.5 miles from the 24 acre approved master planned MGA Entertainment Campus

• Multiple national retailers in the immediate area including Lowe’s Home Improvement, Chick-Fil-A, Costco Warehouse, Best Buy, Target, Kohl’s, PetSmart, and many others

• Centralized West San Fernando Valley location with access to the 118 and 101 Freeways