7911 Ventura Canyon, Panorama City, CA 91402

Listing agent May Phan License #02026356 Show Phone

Listing office King Realty Group Inc R***@WINDERMEREKRG.COM 14726 Ramona Ave Ste 201, CHINO HILLS, CA Show Phone

Listing date May 7, 2026

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MLS# TR26098614

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Overview

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.

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Dental Office Gym & Fitness Center Parking Lot & Garage Acupuncture Travel Agency Accounting Firm Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Panorama City

County

Los Angeles

State

California

Longitude

-118.445

Latitude

34.2243

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FAQs

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.