Panorama City, CA
$2,499,999
7911 Ventura Canyon, Panorama City, CA
68
Days listed
About this home
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.
Facts & features
Exterior & lot
- Lot size
- 0.455 acres (19,806 sq ft)
Community
- Area
- PC - Panorama City
- County
- Los Angeles
- Community features
- Sidewalks
Listing details
- Status
- Active
- Property type
- Land
- Days on market
- 68
- Listed
- 2026-05-07
- Original price
- $2,399,999
- Terms
- Submit
- Parcel #
- 2214026015
- MLS #
- TR26098614
Listed by
May Phan · King Realty Group Inc
