Login

15200 Roscoe Boulevard, Panorama City, CA 91402

Panorama City
Local realty services provided by:CENTURY 21 Affiliated
15200 Roscoe Boulevard,Panorama City, CA 91402
$995,000
  • 0.17 Acres
  • Lots / Land
  • Active
Listed by: eliza kerndian
Office: keller williams beverly hills310-432-6400
MLS#:26657303
Source:CRMLS

Price summary

  • Price:$995,000

About this home

Prime R3-1 TOC Tier 2 development site offering rare flexibility for townhome-style, ED1, or multifamily construction. RTI plans are fully approvedstart building immediately on the ED1 plan for 17 affordable housing units (Type VA, approx. 12,915 sq.ft., three stories, no parking required, and no demolition fees). Estimated build cost is approx. $2.1M, with an efficient unit mix of nine 2-bed units and eight 1-bed units. Projected pro forma rents of $34,069/month ($408,828/year) support a potential completed valuation of approx. $5,682,000 (GRM 13.9) and an estimated $2,000,000 profit margin, creating a strong spread between cost and stabilized value. Additional space is available for a leasing/management office or an optional ADU, offering further income potential.For developers pursuing a for-sale strategy, the property also qualifies for SB684, allowing an alternate plan of 10 townhomes + 10 ADUsideal for high-margin individual resale or a rental/resale hybrid. This lot functions...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:26657303
  • Added:57 day(s) ago
  • Updated:April 25, 2026 at 10:33 AM

Structure and exterior

  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$995,000
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Affiliated is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Affiliated, a broker participant of California Regional MLS (Southern California). 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. The accuracy of all information, regardless of source, including but not limited to open house information, 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 California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

New listings near 15200 Roscoe Boulevard