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Land — 7911 Ventura Canyon, Panorama City, CA

$2,499,999

7911 Ventura Canyon, Panorama City, CA

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About this property

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

Property type
Land

Location

7911 Ventura Canyon • Panorama City, CA 91402

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Listed by

May Phan · King Realty Group Inc