$2,499,999
 $13,421 est/mo Sourced by Back At You

7911 Ventura Canyon,Panorama City, CA 91402

Panorama City, CA 91402

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Description

RARE LOT WITH SIGNICANT UPSIDE IN AN AREA WITH UNLIMITED DEVELOPMENT OPPORTUNITY. Centrally located near freeways, transit, shopping, and major employment hubsan 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 TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site107
Listing Provided ByKing Realty Group Inc | May Phan

Features

Acreage0.45
Property ViewNone

Exterior

Lot FeaturesZero To One Unit Acre

Utilities

UtilitiesElectricity Available, Natural Gas Available, None, Sewer Available, Water Available

Location

Community FeaturesSidewalks

Area Information

StateCA
CountyLos Angeles
CityPanorama City
Zip Code91402
AreaPC Panorama City
Listing VS Median (in 91402)
Price:
$2,499,999
low | high
Med:
$1,149,500
100% of Average
On site:
107
low | high
Med:
113.5
94.273127753304% of Average
Sourced by Back At You

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Learn More About This Property

StateCA
CountyLos Angeles
CityPanorama City
Zip Code91402
AreaPC Panorama City
Listing VS Median (in 91402)
Price:
$2,499,999
low | high
Med:
$1,149,500
100% of Average
On site:
107
low | high
Med:
113.5
94.273127753304% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.874M - $3.124M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
8040 Ranchito Avenue Property Photo 1
$2,049,000
8040 Ranchito Avenue
Panorama City, CA 91402
Listing Updated: August 21, 2026 at 10:55:40 PM PDT