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for saleRealtyLens property overview
$2,499,999

7911 Ventura Canyon Ave

Panorama City, CA, 91402
View more Panorama City, CA property pages
N/ABeds
N/ABaths
N/ASqft
N/A$/sqft

Listing Notes

RARE LOT WITH SIGNICANT UPSIDE IN AN AREA WITH LIMITED DEVELOPMENT OPPORTUNITY. Centrally located near freeways, transit, shopping, and major employment hubs-an attractive location for both renters and end buyers, this R3 lot is in a high-demand panorama city location. This property is ideal for multifamily development with strong potential to build apartments for long-term rental income, develop condos for resale, or a hybrid strategy (buyer to verify). This property was previously planned for a 31-unit apartment project, permits are expired but this offers a valuable head start for redevelopment. Property sold for land value. Buyer to verify zoning, density, access to utilities and development potential with the City.

Market Insights

Market comparison pendingN/A

Comparable price-per-square-foot data is still developing for this home.

Nearby medianN/A
Nearby properties0
Property sizeN/A
  • 0 nearby properties available for comparison.
  • Price history is limited, so current comps matter more than trend alone.
  • Square footage is missing, so valuation should lean more heavily on comps and condition.

Estimated Monthly Payment

Per month, all-in$16,431/mo

Assumes 20% down, 7.00% APR over 30 years. Tax and insurance are national-average estimates — your lender quote will differ.

  • Principal & interest$13,306
  • Property tax (est.)$2,292
  • Home insurance (est.)$833

Property Read

FreshnessHistorical market data

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Market PositionThin local data

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Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessNeeds verification
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
5 days
Last price change
No change recorded
Listed
May 7, 2026
Photos
2 photos
Property type
land
Status
for sale
Last sold
Aug 5, 2016 · $875,000

Features & Amenities

Outdoor SpaceRental PropertyDenShopping

Price History

May 8, 2026Initial record
$2,499,999for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.

7911 Ventura Canyon Ave, Panorama City, CA, 91402 | RealtyLens