About 7911 Ventura Canyon Ave
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.
Features of 7911 Ventura Canyon Ave
| MLS® # | ML82010626 |
|---|---|
| Price | $2,998,900 |
| Acres | 0.45 |
| Type | Commercial Lots and Land |
| Sub-Type | Other Commercial Land |
| Status | Active |
Community Information
| Address | 7911 Ventura Canyon Ave |
|---|---|
| Area | PC - Panorama City |
| City | PANORAMA CITY |
| County | Los Angeles |
| State | CA |
| Zip Code | 91402 |
Amenities
| Utilities | Public Utilities |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Other |
|---|
Additional Information
| Zoning | LAR3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Helen Chong |
|---|---|
| Office | Real Brokerage Technologies |
| Contact Info | 408-800-5478 |