Pacoima (PAC) Land for Sale

Welcome to Pacoima, California – a vibrant neighborhood nestled in the heart of Los Angeles County. Known for its rich cultural diversity and community spirit, Pacoima offers residents a unique blend of urban convenience and suburban charm. With its picturesque views of the San Fernando Valley and proximity to major highways, this neighborhood is an ideal location for those seeking a balance between city life and natural beauty.

Pacoima boasts a variety of parks and recreational facilities, perfect for family outings and outdoor enthusiasts. The area is home to several schools, local shops, and dining options that reflect the rich tapestry of cultures that call Pacoima home. Whether you’re enjoying a leisurely stroll through the neighborhood or indulging in local cuisine, you’ll quickly fall in love with the warm and welcoming atmosphere.

For those looking to invest in their future, there’s an exciting opportunity to acquire land for sale in Pacoima. This is a prime chance to secure a piece of this thriving community, whether you envision building your dream home or developing a new project. The available land offers ample space and potential, making it a blank canvas for your aspirations. With the ongoing growth and development in the area, investing in Pacoima is not just a smart choice; it’s a chance to be part of a community that is continuously evolving.

Don’t miss out on this unique opportunity to own a slice of Pacoima. Explore the possibilities today and become part of this dynamic neighborhood that truly feels like home!

Newest Pacoima (PAC) Land for Sale

$3,075,000

26996311 MLS ⋅ Active Status

PRICE REDUCTION! 14 Existing Renovated units + plans for 20 new market-rate units cash flowing at an amazing Current Cap Rate of 8.0% from day 1! Attractive 2.48M assumable loan (requiring only ~19% down) at an incredibly low rate of 3.98% fixed through 09/01/2027 yielding a remarkable 16.2% cash-on-cash return. Preliminary plans to add 20 new market-rate units to achieve an unheard of 13.9% Cap Rate, 5.52 GRM, and only 139k/unit after taking into account all the construction costs (~1.67M assuming $250/SF). The project is anticipated to deliver over $3.2MM in net profit after all construction and resale costs, yielding an exceptional 146.5% return on levered equity. The plans call for 8 detached ADUs in the back + 5 attached ADUs in the front + 7 new units by right in the front for a total of 20 new units. The 14 existing units have undergone many capital improvements including updated roof, electrical, plumbing, windows, interiors, exteriors, etc.

12602 Correnti Street, Pacoima

$799,900

SR26158713 MLS ⋅ Active Status

Calling all investors, builders or developers. Here is your opportunity to buy a very desirable flat rectangular corner lot located directly on San Fernando Road in Pacoima. This lot is ready for development or keep it the way is right now and generate immediate income. Don’t miss this opportunity in a prime location of Pacoima. Buyer to verify all zoning information.

10397 San Fernando Road, Pacoima

$3,950,000

26639493 MLS ⋅ Active Status

We are excited to present 12335 Osborne Place, a 100% affordable development project located in Pacoima, California. This 46,035 square foot (1.06 acre) lot will be delivered with RTI (Ready to Issue) plans for a 5-story building that will include 293 affordable units. The project plans feature a great unit mix of 281 one-bedroom units, and 12 two-bedroom units. Additionally, zero parking is required per AB 2345. This offering is situated within a qualied Opportunity Zone, providing a range of benets for investors. Investors can take advantage of signicant tax incentives, including the deferral, reduction, and potential elimination of capital gains taxes, which can greatly enhance overall returns. Furthermore, the project will benet from ongoing and future developments in the area, leading to rent growth and gentrication. The city of Pacoima is undergoing revitalization by developing a pedestrian-friendly and community-oriented downtown along Van Nuys Blvd, stretching between Laurel Canyon Blvd and San Fernando Rd. Phase 1 of this initiative has already been implemented, which included measures to slow down trafc along Van Nuys Blvd. The city is collaborating with the County of Los Angeles to secure funding for the next stage of revitalization. This next phase aims to enhance the facades of existing structures in the area with the goal of establishing a vibrant city center focused on the arts, shopping, dining, and new nightlife opportunities.

12335 Osborne Place, Pacoima

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.