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Wednesday, Dec 6, 2023

Multifamily Complex to Rise Near CSUN

A property located at 8940 N. Reseda Blvd. in Northridge will bring five stories of apartments to the market near California State University – Northridge, according to an application filed with the Los Angeles City Planning Department. The 51 CSUN-adjacent units will be comprised of one- and two-bedroom apartments over subterranean parking levels to accommodate 92 vehicles. The applicant, Uzi Levy and 8940 Reseda LLC, has requested entitlements allowing for a height increase and a reduction to required side-yard setback in exchange for five low-income units. The developer is also requesting a demolition permit to raze the property’s existing commercial building. GA Engineering Inc. has designed the contemporary complex, which will include a courtyard, roof deck and ground-floor fitness center. The land parcel was acquired in 2015 for $2.1 million, according to CoStar Group data.

Michael Aushenker
Michael Aushenker
A graduate of Cornell University, Michael covers commercial real estate for the San Fernando Valley Business Journal. Prior to the Business Journal, Michael covered the community and entertainment beats as a staff writer for various newspapers, including the Jewish Journal of Greater Los Angeles, The Palisadian-Post, The Argonaut and Acorn Newspapers. He has also freelanced for the Santa Barbara Independent, VC Reporter, Malibu Times and Los Feliz Ledger.

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