$2,998,900

7911 Ventura Canyon Avenue, Panorama City, CA 91402

Commercial Property
Built in ——
0.45acre lot
—— car garage
$——/sqft
Listed 5 months ago

Property Description

This prime 19,800 sq ft development site in Los Angeles presents a rare opportunity for investors and developers to acquire an entitlement pending project for 31 multifamily units. Strategically located in a highdemand area, the proposed four-story residential building will feature spacious units and gated ground-floor parking, catering to the growing need for quality housing. With strong market fundamentals and increasing demand for multifamily assets in Los Angeles, this project offers significant potential for long-term value and returns. Panorama City, located in the heart of the San Fernando Valley, is a thriving and diverse neighborhood in Los Angeles known for its strong rental demand and urban convenience. Originally developed as the Valleys first planned community, it has grown into a bustling residential and commercial hub featuring a dynamic mix of multifamily housing, shopping centers, and medical facilities.

Listing Status:: Active
Date Added:: June 11, 2025 at 05:00AM
Listing Office:: Real Brokerage Technologies : (619) 663-8680
Listing Agent:: Helen Chong : 408-800-5478
MLS ID:: ML82010626

Parking: Parking spaces: 0

HOA Amenities: 0.0
Originating MLS: CRMLS_MLSL
School District: Los Angeles Unified
County: Los Angeles

Zoning: LAR32214026015
Fencing: None

Water: Public

Source: CRMLS_MLSL

This listing courtesy of Helen Chong, Real Brokerage Technologies

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Ranchito Avenue Elementary School

7940 Ranchito Ave, Panorama City, CA, 91402

Grades KG-5

0.30 miles away

Charles Leroy Lowman Special Education and Career Transition Center

12827 Saticoy St, North Hollywood, CA, 91605

Grades KG-12

1.10 miles away

Charles Leroy Lowman Special Education and Career Transition Center

12827 Saticoy St, North Hollywood, CA, 91605

Grades KG-12

1.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.