Panorama City R3 Development
For Sale
$2,499,999
7911 Ventura Canyon, Panorama City, CA 91402
LAND - Panorama City, CA
Property SizeContact for details
Lot Size0.45 Acres
Days on Market95
Property Features for 7911 Ventura Canyon
General Information
Property type
Land
Property subtype
Other
Lot features
0-1 Unit/ Acre
Directions
google map or waze
Subdivision
PC - Panorama City
Standard status
Active
APN
2214026015
Lot size
0.45 Acres
Utilities
Utilities
Water Available
Listing Agency:
King Realty Group Inc · Windermere Real Estate
(909) 203-5800
Listed By:
May Phan · License #02026356
(626) 378-3479
Added: May 7
Changed: Jul 21
Last Checked: Aug 9 at 8:06AM
MLS# TR26098614
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This R3 lot is located in a high-demand Van Nuys location, centrally located near freeways, transit, shopping, and major employment hubs. The 0.45-acre property is suitable for multifamily development with the potential to build apartments for long-term rental income, develop condos for resale, or pursue a hybrid strategy. Previously planned for a 31-unit apartment project, the permits have expired, but this offers a valuable head start for redevelopment. The property is being sold for land value. Buyers are advised to verify zoning, density, and development potential with the City.
Key Highlights
- R3 lot in high‑demand Van Nuys location, ideal for multifamily development.
- Centrally located near freeways, transit, shopping, and major employment hubs.
- Significant upside potential in an area with limited development sites.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,653
Businesses Nearby
Explore this area
Business Placement
Demographics for 91402, CA
70,140
Population
20,570
Households
3.4
Avg Household Size
35
Median Age
19%
College-Educated
67%
High-School Grad
3.7 sq mi
ZIP Area
18,957
Density / Sq Mi
$56,369
Median Household Income
$31,452
Median Earnings
$1,607
Median Rent
$586,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Rare R3 lot ideal for multifamily development in Panorama City.
Where is this residential land & home lot located?
The property is located at 7911 Ventura Canyon Panorama City, CA.
What is the asking price?
The asking price for this property is $2,499,999.
What are key features of this property?
This property features: R3 lot in high‑demand Van Nuys location, ideal for multifamily development.; Centrally located near freeways, transit, shopping, and major employment hubs.; Significant upside potential in an area with limited development sites.
