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 opportunitya 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. 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.
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2BEDS
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0.22ACRES
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1BATHS
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01/2 BATHS
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1,180SQFT
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$677$/SQFT
School Ratings & Info
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 opportunitya 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. 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.
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