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About This Home
This land at 7911 Ventura Canyon in Panorama City, CA is listed for $2,499,999 (0.45 acres).
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.
Key Features
- 0.45 acre lot
Amenities
Location
7911 Ventura Canyon
Panorama City, CA 91402
Features & Amenities
Exterior Features
Property Details
Views
Questions & Answers
This 0-bedroom, 0-bathroom land at 7911 Ventura Canyon is listed at $2,499,999. The estimated monthly payment is $10,833 based on 20% down at 6.5% interest.
Key features include: 0.45 acre lot. Exterior Features: Community Features Included: Sidewalks.
This property is listed by May Phan and can be reached at 6263783479 or phan.may@gmail.com.