
This prime 19,800 sq ft development site in Los Angeles presents a rare opportunity for investors and developers to acquire an entitlement pending project for 31 multifamily units. Strategically located in a highdemand area, the proposed four-story residential building will feature spacious units and gated ground-floor parking, catering to the growing need for quality housing. With strong market fundamentals and increasing demand for multifamily assets in Los Angeles, this project offers significant potential for long-term value and returns. Panorama City, located in the heart of the San Fernando Valley, is a thriving and diverse neighborhood in Los Angeles known for its strong rental demand and urban convenience. Originally developed as the Valleys first planned community, it has grown into a bustling residential and commercial hub featuring a dynamic mix of multifamily housing, shopping centers, and medical facilities.
| MLS # | ML82010626 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 150 |
| Listing Provided By | Real Brokerage Technologies | Helen Chong |
| Zoning | LAR3 |
|---|---|
| Acreage | 0.45 |
| Fencing | None |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Panorama City |
| Zip Code | 91402 |
| School District | Los Angeles Unified |
| High School | Los Angeles Unified |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Panorama City |
| Zip Code | 91402 |
| School District | Los Angeles Unified |
| High School | Los Angeles Unified |