7911 Ventura Canyon, Panorama City, CA 91402
About this home
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.
- Principal & interest$12,641
- Property tax (est.)$2,396
- Home insurance (est.)$729
Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).
Listing provided courtesy of May Phan, King Realty Group Inc, 626-378-3479. MLS# TR26098614. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 9:30 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.