$2,499,999
7911 Ventura Canyon AVE
Panorama City, CA 91402
—
Beds
—
Baths
19,807
Square feet
—
Built
Listing narrative
Description
RARE LOT WITH SIGNICANT UPSIDE IN AN AREA WITH UNLIMITED DEVELOPMENT OPPORTUNITY. Centrally located near freeways, transit, shopping, and major employment hubs—an attractive location for both renters and end buyers, this R3 lot is in a high-demand panorama city location. This property is ideal for multifamily development with strong potential to build apartments for long-term rental income, develop condos for resale, or a hybrid strategy (buyer to verify). This property was previously planned for a 31-unit apartment project, permits are expired but this offers a valuable head start for redevelopment. Property sold for land value. Buyer to verify zoning, density, access to utilities and development potential with the City.
Property Details
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Price
$2,499,999
Beds
Beds n/a
Type
Land
Home Size
19,807 sqft
Baths
Baths n/a
Lot Size
0.45 acres
Year
Year n/a
Status
For Sale
Days on Market
183
$ / Sqft
$126
Courtesy of King Realty Group Inc






