About This Home

This land at 7911 Ventura Canyon in Panorama City, CA is listed for $2,499,999 (0.45 acres).

Key Features

  • 0.45 acre lot
Listing Description

RARE LOT WITH SIGNICANT UPSIDE IN AN AREA WITH LIMITED DEVELOPMENT SITES. 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 Van Nuys location.

This property is an 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, and development potential with the City.

Location

7911 Ventura Canyon

Panorama City, CA 91402

Questions & Answers

This 0-bedroom, 0-bathroom land at 7911 Ventura Canyon is listed at $2,499,999. The estimated monthly payment is $13,370 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.45 acre lot.

This property is listed by May Phan.

MP

May Phan

License 02026356

Agent at KRG REALTY GROUP, INC

Listed by KRG REALTY GROUP, INC · Broker phone: (909) 203-5880

MLS# TR26098614· Source: California Regional Multiple Listing Service, Inc· 179 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7911 Ventura Canyon, Panorama City, CA 91402

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