We are pleased to present 17829 West Halsted Street, a 35,038 square foot vacant lot one half block from California State University, Northridge (CSUN). This unique opportunity provides a clean slate for a developer, with the lot being vacant for nearly 50 years. The existing structure was a fraternity house which was burnt and remained vacant since then.The current zoning is RA-1, but adjacent lots have been converted to R3 with a zone change, allowing 43 units with a floor area of 116,000 feet. Adjacent parcels consist of a 44-unit apartment building to the East and a 37-unit condominium complex to the West.Potentially, one may be able to provide a student housing project through a zone change with an exemption of JJJ, and have the ability to build 70units.With a student population of nearly 40,000 and a faculty and staff of over 4,000, CSUN is a thriving intellectual and cultural hub not just for Northridge, but the entire San Fernando Valley.
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Listing Courtesy ofMarcus & Millichap