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Listed by May Phan • King Realty Group Inc
$ 2,499,999
Est. payment /mo
Active
7911 Ventura Canyon Panorama City, CA 91402
0.45 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR-26098614
Lot Size 0.455 Acres
Source California Regional Multiple Listing Service (CRMLS)
Property 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.
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.
Location
State CA
County Los Angeles
Area Pc - Panorama City
Exterior
Community Features Sidewalks
Utilities Available Sewer Available, Water Available, None, Electricity Available, Natural Gas Available
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
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