$799,000
Sold Price8541 Ventura Canyon Avenue, Panorama City, CA 91402
About this home
Incredible Development Opportunity in Panorama City — Zoned LARD5. Unlock exceptional potential with this rare high-density multifamily residential zone 1,183 sq ft 2-bedroom, 1-bath home situated on an expansive 9,749 sq ft lot in a prime Panorama City location. This property presents a significant opportunity for developers and investors exploring multifamily, low-income, or affordable housing development; in addition to home buyers building their dream home with the possibility of an ADU addition. This is a premier investment opportunity—a true blank canvas ready to be transformed into something exceptional. Location advantages include close proximity to Kaiser Permanente Hospital, major employment centers, transit, shopping, restaurants, freeway access and strong rental demand. All information is deemed reliable but not guaranteed by seller or broker. Buyers and their representatives must independently verify zoning, density, development rights, permits, utilities, building feasibility, and all other property details. Property is offered AS-IS with no repairs. Buyer assumes responsibility for all inspections and due diligence.
infoProperty Facts
Bedrooms
2
Bathrooms
1
Square Feet
1,180
Lot Size
9,749 sqft
Year Built
1941
Property Type
Single Family Residence
Days on Market
39
HOA Fee
N/A
Garage Total
0
MLS #
SR25271285
chairInterior Details
General Interior
Interior Features
All Bedrooms Down
Fireplace
See Remarks
Kitchen & Appliances
Laundry
Inside
Bed & Bath
Main Level Master
Yes
Climate Control
Cooling
Central Air
deckExterior & Lot
Nearby Schools
| Rating | School Name |
|---|---|
| 9 | GreatSchools High (Demo) public |
| 7 | Valley View Elementary (Demo) public |
| 6 | Lincoln Middle School (Demo) public |
| NR | St. Mary Example Academy (Demo) private |
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