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Flex Lot Space - Residential Home 18227 Parthenia St 2,756 SF Retail Building Northridge, CA 91325 $2,500,000 ($907.11/SF)



INVESTMENT HIGHLIGHTS
- Oversized lot flexibility w/ residential home
- Prime Parthenia St frontage
- Stable Northridge submarket
- High visibility & heavy daytime traffic
- Owner-user, long-term income hold, or value-add retail upgrade
EXECUTIVE SUMMARY
18227 Parthenia St in Northridge is a highly visible, small-format retail/commercial property on the Parthenia Street corridor—one of the Valley’s main east-west arterials with steady daily traffic and strong ties to CSUN and the surrounding residential base. The site is well suited for neighborhood-serving uses that perform best here, such as quick-service food or café, specialty retail, medical or dental, wellness/fitness, tutoring or education, or a professional/service office benefiting from convenient access and repeat local demand. The area blends stable, family-oriented rooftops with a college-town energy, supported by nearby anchors and “local gems” like CSUN, the Northridge Fashion Center, and the busy Reseda/Parthenia retail strip full of everyday dining and services that keep foot and car traffic consistent throughout the week. Purchasing this property offers a smart mix of street exposure, manageable building size, and a large lot that provides flexibility for parking, outdoor use, or future reconfiguration, plus multiple exit paths—owner-user occupancy, long-term income hold, or value-add retail repositioning—within a mature, supply-constrained Northridge submarket.
No guarantee, warranty or representation of any kind is made regarding the accuracy of descriptions or measurements. Buyer & Buyer's Agent to do their own due diligence and independently verify square footage, property condition, measurements, zoning, building configuration & components.
No guarantee, warranty or representation of any kind is made regarding the accuracy of descriptions or measurements. Buyer & Buyer's Agent to do their own due diligence and independently verify square footage, property condition, measurements, zoning, building configuration & components.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,756 SF
Building Class
C
Year Built
1957
Price
$2,500,000
Price Per SF
$907.11
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.52 AC
Zoning
LACM - Commercial Manufacturing
Parking
15 Spaces (8.77 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Fenced Lot
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2769-021-033 | Improvements Assessment | $318,362 |
| Land Assessment | $1,591,812 | Total Assessment | $1,910,174 |
PROPERTY TAXES
Parcel Number
2769-021-033
Land Assessment
$1,591,812
Improvements Assessment
$318,362
Total Assessment
$1,910,174
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Flex Lot Space - Residential Home | 18227 Parthenia St
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