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.
MLS #
CRSR25271285
MLS Source
California Regional MLS
Days on Site
0
Bedrooms
Ground Floor Bedroom
Appliances
Other
Fireplace
Other
Laundry
Other
Cooling
Central Forced Air
Pool
None
Garage/Parking
Garage: 0 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Zoning
LARD5
8541 Ventura Canyon Ave is a Single Family Residence in Panorama City, CA 91402. This 1,180 square foot property sits on a 9,749 Sq Ft Lot and features 2 bedrooms & 1 full bathrooms. It is currently priced at $829,000 and was built in 1941. This address can also be written as 8541 Ventura Canyon Ave, Panorama City, CA 91402.
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This listing information is up-to-date as of December 26, 2025. For the most current information, please contact Cheri Fiallos