Panorama City Real Estate - Panorama City Homes For Sale
About Panorama City, CA
Panorama City, CA is a district in the San Fernando Valley region of the city of Los Angeles, California. It is known as the San Fernando Valley's first planned community. It is bordered by Mission Hills on the north, Arleta on the northeast, Sun Valley on the east, Van Nuys on the south, and North Hills on the west. Major thoroughfares include Roscoe Boulevard, Van Nuys Boulevard, and Sepulveda Boulevard. Other major streets include Chase Street, Parthenia Street, Nordhoff Street, Plummer Street, and Woodman Avenue. Panorama City is roughly bounded by Sepulveda Boulevard and Pacoima Wash to the west, Lassen Street to the north, Woodman Avenue to the northeast, Tujunga Wash to the east and Union Pacific Coast Line (railroad) to the south. The district is served by the San Diego and Hollywood freeways.
Panorama City was developed as a planned community by industrialist Henry J. Kaiser. Contrary to popular perceptions of the development of the central and western San Fernando Valley as solely being a bedroom community for jobs in downtown Los Angeles and Burbank, Panorama City originally included General Motors' largest assembly plant to date, as well as a Schlitz brewery that eventually came under the ownership of Anheuser-Busch.
Today, the General Motors Corporation assembly plant has been replaced with a large commercial center named The Plant, that includes stores and restaurants such as Mann Theatres, Ross, Babies "R" Us, The Home Depot, Hometown Buffet, In-N-Out Burger, Starbucks Coffee and others.
As originally planned, the community is a mixture of small single-family homes and low-rise apartment buildings. Kaiser and his development partner Fritz Burns barred non European Americans from purchasing newly built homes. Integration followed the Community Reinvestment Act of 1977. The CRA insured credit was provided to the entire community without regards to race or income, causing white flight as with many other areas of the San Fernando Valley.
The NBC comedy series, The Office, is filmed on Saticoy Street.
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Information for ZIP Code 91402 (Panorama City, CA)
Population as of 2010: 73,845
Population density (per sq. mile): 19,745
Population growth since 2000: 10.76%
Median home cost: $202,900
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