7911 Ventura Canyon, Panorama City, CA 91402
- $2,499,999
- List Price
- $2,499,999
- Status
- ACTIVE
- MLS#
- TR26098614
- Lot Size
- 19,806
- Acres
- 0.45
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 83
- Property Type
- Land
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.
/u.realgeeks.media/seannbrownhomes1/BrandLogo.jpg)
Additional Information
- View
- None
- Attached Structure
- Detached
Listing courtesy of Listing Agent: May Phan (phan.may@gmail.com) from Listing Office: King Realty Group Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.