7911 Ventura Canyon, Panorama City, CA 91402
List Price: $2.5M
Listing Status: Active
Original List Price: $2.4M
0Days on Market: 68
0 Bedrooms · 0 Bathrooms
Property Type: Land
Lot Size: 19,806 sq ft
MLS Number: TR26098614
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.
Listing provided by: May Phan DRE #02026356 909-203-5800 phan.may@gmail.com, King Realty Group Inc
Source: CRMLS, MLS #: TR26098614
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.