NAI Capital Negotiates Sale of 15.8-Acre Private School Campus in Chatsworth, California
CHATSWORTH, CALIF. — NAI Capital has arranged the sale of a 15.8-acre private school campus in Chatsworth. Manifest Point LLC acquired the property from Chatsworth Hills Academy for $9 million.
Located at 21523 Rinaldi St. in West Fernando Valley, the property includes 16 buildings, totaling approximately 22,000 square feet, a cafeteria, kitchen, swimming pools, soccer fields, basketball courts, secure parking lots with gated access and a two-bed/two-bath headmaster’s house. The asset also includes a pre-kindergarten through eighth grade conditional use permit for up to 420 students.
The new owners plan to relocate DNA Prep Academy onto the campus. DNA Prep Academy is a middle school focused on student-athlete development for students in grades six through eight. Additionally, the buyers plan to add a weight room, swimming pool and football stadium to the campus.
Chatsworth Hills Academy will relocate to Granada Hills in August and become Granada Preparatory School.
Chris Jackson, Todd Lorber and Grant Bullen of NAI Capital’s Investment Services Group represented the seller in the transaction.