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- LoopNet Team
6000 Reseda Blvd
Tarzana, CA 91356
Tarzana Crossing · Land For Sale
·
1.60 AC
Investment Highlights
- 1.60 acres located just South of Oxnard St. on Reseda Blvd.
- Part of the Tarzana Crossing transit neighborhood plan
- Adjacent to Elevar, a 4.3-acre adaptive reuse project consisting of 7 creative office buildings
- Directly across from the Reseda Station for Metro’s Orange Line Busway
- Development incentives may be available through the City of Los Angeles
- Less than ½ mile north of the Ventura Freeway (CA-101) and Tarzana’s Ventura Blvd. shopping corridor
Property Facts
Description
As exclusive representative to the Seller, Kennedy Wilson Brokerage is pleased to offer for sale the fee simple interest in 6000 Reseda Blvd. (the “Offering”), a 1.60-acre redevelopment property located near the intersection of Reseda Boulevard and Oxnard Street in the Tarzana neighborhood of the San Fernando Valley. Known for many years as The Alley in the Valley Shopping Center, the property is adjacent to the Reseda Station of Metro’s Orange Line Busway, which connects the Red Line terminus in North Hollywood with Chatsworth’s Amtrak and Metrolink regional connector station. The property is currently improved by 30,255 SF of retail over two buildings. All leases are short-term, providing cash flow during entitlement and a clear path for redevelopment. The property is zoned C2-1VL and represents an outstanding opportunity redevelop the property as a residential or mixed-use project that will meet pent-up market demand for appealing, modern, vertical housing in a dense submarket with strong demographics.
Property Taxes
| Parcel Number | 2157-001-155 | Improvements Assessment | $1,623,648 |
| Land Assessment | $9,200,673 | Total Assessment | $10,824,321 |
Property Taxes
