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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.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 7/3/2026 | Year Built | 0 |
|---|---|---|---|
| Community | PC - Panorama City | County | Los Angeles |
Additional Details
| AREA | PC - Panorama City |
|---|---|
| LOT | 8695 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard |
| LOT DIMENSIONS | 8693 |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Public |
Location
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Listed with Brad Korb Real Estate Group
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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