$2,499,999 $13,421 est/mo Sourced by Back At You
7911 Ventura Canyon,Panorama City, CA 91402
Panorama City, CA 91402
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.
Details
| MLS # | TR26098614 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 191 |
| Listing Provided By | King Realty Group Inc | May Phan |
Features
| Acreage | 0.45 |
|---|---|
| Property View | None |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Utilities
| Utilities | Electricity Available, Natural Gas Available, None, Sewer Available, Water Available |
|---|
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Panorama City |
| Zip Code | 91402 |
| Area | PC Panorama City |
| Listing VS Median (in 91402) | |
Price: $2,499,999 low | high Med: $550,000 On site: 191 low | high Med: 53 | |
Market Activity 91402
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Panorama City |
| Zip Code | 91402 |
| Area | PC Panorama City |
| Listing VS Median (in 91402) | |
Price: $2,499,999 low | high Med: $550,000 On site: 191 low | high Med: 53 | |
Listing Updated: September 29, 2026 at 1:23:47 AM PDT
