Overview
Property ID: HZTR26098614
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.
Address
Open on Google Maps- Address Ventura Canyon
- City Panorama City
- State/county Los Angeles
- Zip/Postal Code 91402
Details
Updated on May 8, 2026 at 10:08 am- Property ID: HZTR26098614
- Price: $2,499,999
- Property Status: Land
- Listed by: May Phan
- DRE #: 02026356
- Contact Mail: phan.may@gmail.com
- Brokered by: King Realty Group Inc
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