7911 Ventura Canyon Ave, Panorama City, CA 91402
Property Details
Description
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 DETAILS: Square Feet: 04547
LISTING AGENT: Agent: May Phan | Office: King Realty Group Inc | Phone: 6263783479 | Email: [email protected]
LISTING INFORMATION: MLS#: TR26098614 | Status: FOR SALE
Location
Address
7911 Ventura Canyon Ave
City
Panorama City
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