RARE LOT WITH SIGNICANT UPSIDE IN AN AREA WITH UNLIMITED 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.
Lot/land
Listed by: King Realty Group Inc • May Phan • Contact: 626-378-3479
$2,499,999
7911 Ventura Canyon Ave Lot 129, Panorama City, CA 91402
--beds
--baths
0.45Acres
Unimproved Land
Built in ----
0.45 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 117 days
- 31
- 0
Zillow last checked:
Listing updated:
Listed by:
May Phan DRE #02026356 626-378-3479,
King Realty Group Inc
Source: CRMLS,MLS#: TR26098614
Originating MLS: California Regional MLS
Facts & features
Property
Lot
- Size: 0.45 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 2214026015
- Special conditions: Standard
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, None, Sewer Available, Water Available
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Panorama City
Financial & listing details
- Date on market: 5/8/2026
- Cumulative days on market: 118 days
- Listing terms: Submit
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Listed for sale | $2,499,999 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Arleta
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