Pleased to present a unique development opportunity in Panorama City, CA. The property consists of 31,500 square feet of land, which is zoned LARD2 and allows a builder to build one unit per every 2,000 square feet. The current owner has spent a considerable amount of time and well over $100,000 to rezone the property from its base zoning of RA-1 to the current LARD2. He has plans for 12 subdivided homes, each with three bedrooms and two bathrooms and over 2,000 square feet (per owner's comments). A developer would possibly be able to build up to 14 homes, each subdivided. Some builders have also proposed building 21 apartment units by using density bonus.
School rankings provided by Niche. Updated 4/12/17. School information is to be used as reference only. To verify enrollment eligibility for a specific property, contact the school or the local school board.
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