8802 VAN NUYS, Panorama City, CA 91402

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Property Description

$280,000 PRICE REDUCTION. Seller is very motivated: RTI (ready to issue permits) development consisting of 24 residential units and 1 commercial unit. The project is shovel ready meaning a buyer may start the development immediately. One of the best benefits of the property is that it was designed to have only on grade parking, which greatly reduces the construction costs. The unit mix consists of 16: 1 Bed / 1 Bath and 8: 1 bed / 1 Bath + Den.


Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 8802 VAN NUYS
City Panorama City
State CA
Zip 91402
County Los Angeles
Listing Agent Jon Emrani DRE #01427038
Courtesy Of Marcus & Millichap
List Price $1,700,000
Status Expired
Type Lots and Land
Structure Size N/A
Lot Size 8,440

Listing information courtesy of: Jon Emrani, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 19th, 2020 at 12:30 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.