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Listed by Cheri Fiallos • Pinnacle Estate Properties
$ 829,000
Est. payment /mo
Active
8541 Ventura Canyon Avenue Panorama City (los Angeles), CA 91402
2 Beds
1 Bath
1,180 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,180 sqft
Price per Sqft $702
MLS Listing ID CRSR25271285
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1941
Lot Size 9,749 Sqft
Property Sub-Type Detached
Source Datashare California Regional
Property Description
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. Additional photos to be added by December 26th. 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.
Location
State CA
County Los Angeles
Interior
Cooling Central Air
Fireplaces Type See Remarks
Fireplace Yes
Laundry Inside
Exterior
Pool None
View Other
Private Pool false
Building
Story 1
Water Public
Schools
School District Los Angeles Unified
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