Amy Engler
Douglas Elliman of California, Inc.
(424) 541-1946
60 Total Sales
1 in Panorama City
$955,000 Price
9237 Wakefield Ave Panorama City, CA 91402
Panorama City Area
0.72
Acre
--
Price per Acre
31,509
Sq Ft Lot
About This Lot
As of January 2016Pleased 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.
Last Agent to Sell the Property
Marcus & Millichap License #01427038 Listed on: 05/06/2014
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Property Details
Property Type
- Land
Lot Details
- 31,509 Sq Ft Lot
Utilities
- Phone Available
- Cable TV Available
Additional Features
- Property Views
Listing and Financial Details
- Assessor Parcel Number 2639-008-018
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Panorama City, CA
-
Amy Engler
-
Armen Aroyan
Armen Aroyan
Select Real Estate LA
(747) 215-3654
32 Total Sales
2 in Panorama City
$470,000 Price Range
-
Joshua Glaz
Joshua Glaz
The Ave
(657) 325-8448
255 Total Sales
1 in Panorama City
$880,000 Price
-
Andrew Hart
Andrew Hart
Real Broker
(818) 463-1176
65 Total Sales
1 in Panorama City
$458,800 Price
-
Genaro Robles
Genaro Robles
RBS Realty
(818) 418-1908
109 Total Sales
2 in Panorama City
$430K - $580K Price Range
-
Deborah Gates
Deborah Gates
eXp Realty of Greater Los Angeles Inc.
(805) 433-9293
280 Total Sales
2 in Panorama City
$700,000 Price Range
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/26/2016 01/26/16 | Sold | $1,250,000 | -5.7% | $811 / Sq Ft |
| 09/15/2014 09/15/14 | Pending | -- | -- | -- |
| 05/06/2014 05/06/14 | For Sale | $1,325,000 | -- | $860 / Sq Ft |
Source: The MLS
Agents Affiliated with this Home
-
Jon Emrani
Seller's Agent in 2016
Jon Emrani
Marcus & Millichap
(310) 422-8052
17 Total Sales
Map
Source: The MLS
MLS Number: 14-758673
APN: 2639-008-018
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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