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For SaleLuxury

$2,499,999

19,807 sqft$126/sqft183 days on market

7911 Ventura Canyon AVE

Panorama City, CA 91402

· 8% down, 7% APR, 30yr fixed

—

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.

Listing agent (MLS): May Phan · Listing brokerage (MLS): King Realty Group Inc

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

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

· 8% down, 7% APR, 30yr fixed
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Courtesy of King Realty Group Inc