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For Sale
$2,499,999
Est. $14,000/mo7911 Ventura Canyon, Panorama City, CA 91402
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Bedrooms
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Bathrooms
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About this home
RARE LOT WITH SIGNICANT UPSIDE IN AN AREA WITH LIMITED 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.
Property Facts
landscape
Lot Size
19,806 sqft
timer
Days on Market
3
payments
HOA Fee
N/A
fingerprint
MLS #
TR26098614
Interior Details
Parking
Exterior & Lot
Lot & Grounds
Lot Features
Zero To One Unit Acre
Community & HOA
Association Info
Community Features
Sidewalks
Mortgage Calculator
Total Monthly
$0
Principal & Interest:
$0Property Tax:
$0Home Insurance:
$0HOA Fees:
$0$
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Nearby Schools
| Rating | School Name | ||
|---|---|---|---|
| No school data available for this area. | |||
Convenience Score
Market Insights
91402|Panorama City
analytics
Estimated Value
Calculating...
trending_up0%vs. last year
202120222023202420252026
Market Temperature
Seller'sBalancedBuyer's
0d30d60d180d
Balanced
Balanced market
30 Days
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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Flood & Climate Risk
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
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Noise Levels
TrafficQuiet residential street
AirportMinimal airport noise
CommercialLow commercial activity nearby
streetview
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