Panorama City, CA 91402
$975,579
Mark Quesada
Broker / Owner
DRE #02101365
Exceptional investment and development opportunity! Situated on an expansive 8,693 square foot lot, this property offers outstanding potential for developers, investors, and visionaries looking to maximize the value of a large parcel. The generous lot size presents exciting possibilities for redevelopment, expansion, or reimagining the property to its highest and best use (buyer to verify all development possibilities, zoning, and building requirements with the appropriate local agencies). The existing 1,612 square foot duplex consists of two 2 bedroom, 1 bathroom units, making it an excellent opportunity to generate rental income while planning future improvements. This fixer is ready for renovation and offers substantial upside for those seeking to add value. A detached 2-car garage and the oversized lot provide additional flexibility for future projects. Whether you're looking to renovate, expand, develop, or build new, this rare property combines immediate income potential with exceptional long-term development opportunities.
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$7,200/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by Bradley Korb, Brad Korb Real Estate Group
MLS# BB26186318 · Active
History reflects records reported to the MLS and may be incomplete.