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- LoopNet Team
8553 Ventura Canyon Ave
Panorama City, CA 91402
Land For Sale · 0.03 AC
Investment Highlights
- Potential development for low income or affordable housing
- Both parcels must be sold together.
- Continue to use as commercial owner user and lease out house
- Probate sale not subject to court approval
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.03 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.03 AC |
Description
Huge potential for development for low income or affordable housing. Three parcels being sold together. This parcel is zoned LACR and the adjoining parcels of 10,905 square feet with a 1,785 square foot house is zoned LARD5 for a total lot square footage of 23,387 square feet. Located at the corner of Woodman and Ventura Canyon with access from Woodman, makes this an ideal development deal. There are tenants on both properties with no written leases. Do not disturb the existing tenants. Use your imagination. Both parcels must be sold together. Property is a probate which does not require court confirmation. All offers must be written on a probate purchase agreement form. Call listing agent for complete information.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $357,000 | |
| Land Assessment | $1,326,000 | Total Assessment | $1,683,000 |
PROPERTY TAXES
zoning
| Zoning Code | LARD5 and LACR |
| LARD5 and LACR |
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