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Additional details
$ 2,499,999
Est. payment /mo
Active
7911 Ventura Canyon Panorama City, CA 91402
0.45 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR26098614
Lot Size 0.455 Acres
Property Sub-Type Lots/Land
Property 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.
Location
State CA
County Los Angeles
Direction google map or waze
Interior
Fireplace No
Exterior
Utilities Available Electric, N/K, Natural Gas
View Y/N No
Others
Senior Community No
Tax ID 2214026015
Listed by May Phan, DRE#02026356 King Realty Group Inc
NEARBY SCHOOL & BUSINESS
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