A 1950s commercial building near Cal State University Northridge could be redeveloped with multifamily housing, according to plans submitted recently to the City of Los Angeles.

The property, located at 8940 N. Reseda Boulevard, is slated for the construction of a five-story building containing 51 one- and two-bedroom apartments above semi-subterranean parking for 92 vehicles.

Requested entitlements for the project include Transit Oriented Communities incentives allowing for increased height and a reduction to required side-yard setbacks.  In exchange, the developer would be required to set aside five apartments as deed-restricted affordable housing at the extremely low-income level.

The contemporary podium-type building is being designed by GA Engineering, Inc., according to architectural plans submitted to the Planning Department.  Proposed common amenities would include a roof deck, a courtyard, and a ground-floor fitness center for use by residents.

City records list the project applicant as property owner Uzi Levy through the entity 8940 Reseda, LLC.  The site was acquired for approximately $2.1 million in 2015.

The development site is located a short distance south of Nordhoff Street and Cal State Northridge, where construction is now wrapping up for a larger housing development with ground-floor retail uses.