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  1. Commercial Properties
  2. CA
  3. Los Angeles
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  • POI
For Sale

Elies Village

8707 Lindley Ave, Northridge, CA 91325

The property is prominently positioned at the northwest corner of Parthenia Street and Lindley Avenue, one of Northridge’s most active neighborhood intersections, offering exceptional visibility and convenient access. Ideally situated just half a mile from California State University, Northridge (CSUN)—a major economic driver with over 38,000 students—the center benefits from strong daily traffic and continuous demand from nearby multifamily housing, including numerous student-oriented communities. Built in 1986, the asset is supported by a robust demographic profile, with approximately 99,389 residents and an average household income of $103,457 within a 2-mile radius. The location provides outstanding regional connectivity via the 118, 101, and 405 Freeways, making it easily accessible to both local residents and the broader San Fernando Valley. This highly desirable infill location positions the center to capture consistent retail demand and long-term tenant stabilityValue-add neighborhood shopping center FOR SALE – Near CSUN: $4,500,000 Exceptional investment opportunity in the heart of Northridge. This well-located neighborhood shopping center sits just half a mile from California State University, Northridge (CSUN)—one of the largest universities in California with nearly 40,000 students and faculty generating steady traffic and demand for daily-needs retail. Positioned at the signalized northwest corner of Parthenia Street and Lindley Avenue, the property benefits from strong visibility, high vehicular traffic counts, and convenient access from both major corridors. The center totals approximately 11,050 square feet of building area, situated on a 19,166-square-foot lot, offering an efficient site layout and excellent curb appeal. The property includes 20 on-site parking spaces, providing ample customer parking and enhancing the shopping center’s accessibility. Surrounded by dense multifamily housing—including a high concentration of student-oriented residential communities—the location supports a consistent consumer base year-round.Located near CSUN and surrounded by multi family buildings, many of which are student housing. This well maintained neighborhood shopping center is centrally located to serve the nearby residents on one of the areas busiest intersections NWC of Parthenia And Lindley

Key features

  • 11050 SF Building On 19,166 SF Lot
  • 9-Unit Center
  • Built in 1986
  • Cap Rate 5.03%
  • NNN Lease Investment
  • NOI $226,376
  • Proforma CAP Rate 6.66%
  • Proforma NOI $298,545.72
  • Situated on a Major Signalized Intersection — Lindley + Parthenia
  • Superbly Located in Prime Northridge
  • Value-Add Investment Opportunity
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
David Guardado

CBM1

Building Details

  • For Sale $4,500,000
  • Property Type Retail
  • Property Size 11,050 SF
  • Units 9
  • Lot Size 0.44 Acre
  • Parking Spaces Avail. 20
  • Parking Ratio 1.63 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1986
  • Date Updated May 14, 2026

Attachments

  • Property Brochure 1 ()opens in new window
  • Property Brochure 2 ()opens in new window

Getting Around

  • Walk Score ®

    Somewhat Walkable (68)
  • Transit Score ®

    Some Transit (44)
  • Bike Score ®

    Bikeable (55)
Powered by Walk Score ®

Location

  • City Northridge, CA
  • Neighborhood Northridge
  • Zip Code 91325
  • Market Los Angeles
  • Map
  • Street

Points of Interest

Sylmar/San Fernando

6.25 miles

North Hollywood

9.60 miles

Chargie

0.61 miles

B2 Charging Station

0.62 miles

G3 Charging Station

0.63 miles

Chevron

1.01 miles

Costco Gasoline

1.39 miles

Arco

1.47 miles

Speedway

1.49 miles

Shell

1.52 miles

Mobil

1.54 miles

Northridge Library Parking

0.54 miles

Student Lot B1

0.57 miles

Faculty/Staff Lot F2

0.58 miles

Faculty Lot B2

0.60 miles

Parking Structure G3

0.64 miles

Restricted Lot F3

0.66 miles

Student Lot B3

0.66 miles

Parking Lot G3

0.68 miles

B3 Parking Structure

0.69 miles

Vallarta

0.60 miles

University Plaza

0.68 miles

Northridge University Center

0.74 miles

Vons

0.74 miles

Big Lots

1.44 miles

Target

1.45 miles

Mitsuwa Marketplace

1.47 miles

Albertsons

1.56 miles

ALDI

1.69 miles

8707 Lindley Ave Listing Summary

  • What is the asking price at Elies Village?

    Elies Village is currently listed for sale at Contact for pricing.

  • What is the total size of Elies Village?

    Elies Village has a total of 11,050 square feet.

  • What is the year built for Elies Village?

    The year built for Elies Village is 1986.

Contact Listing Broker
broker
David Guardado

CBM1

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