Pacoima Land for Sale

**Discover the Charm of Pacoima, California: Your Next Investment Opportunity!**

Nestled in the heart of the San Fernando Valley, Pacoima, California, is a vibrant community that blends rich cultural heritage with the conveniences of modern living. Known for its diverse population and welcoming atmosphere, Pacoima offers a unique lifestyle that appeals to families, professionals, and investors alike. With its close proximity to downtown Los Angeles, residents enjoy easy access to a plethora of entertainment, dining, and cultural experiences while still cherishing the warmth of a tight-knit community.

Pacoima boasts a variety of parks and recreational facilities, making it an ideal location for outdoor enthusiasts. The Pacoima Wash Natural Park and the nearby Hansen Dam Recreation Area provide ample opportunities for hiking, biking, and enjoying nature. Additionally, the area is home to quality schools and community centers, ensuring that families have access to essential resources and activities.

Now is the perfect time to consider investing in land for sale in this thriving region. With a growing demand for housing and commercial spaces, Pacoima presents an excellent opportunity for developers and investors looking to capitalize on the area's potential. Whether you envision building a dream home or a lucrative business, the available land in Pacoima is ripe for development.

Join the wave of growth and innovation in Pacoima, where the rich tapestry of culture, community, and opportunity awaits. Explore the available land for sale today, and become a part of this exciting chapter in Pacoima's story!

Newest Pacoima Land for Sale

$3,150,000

26866533 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% from day 1! Attractive 2.5M assumable loan (requiring only ~17% down) at an incredibly low rate of 3.9% fixed through 09/01/2027 yielding a remarkable 15.7% cash-on-cash return. Preliminary plans to add 20 new market-rate units to achieve an unheard of 14.3% Cap Rate, 5.6 GRM, and only 141k/unit after taking into account all the construction costs (~1.7M assuming $250/SF). The project is anticipated to deliver over $2.7MM in net profit after all construction and resale costs, yielding an exceptional 125.9% 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

$749,000

SR26140588 MLS ⋅ Active Status

Ready to Build w/ Permits !! Builders and investors, Skip Building Department headaches and start digging immediately. This 50’ × 150’ flat, vacant lot comes with fully paid permits and approved plans to build two modern, 2-story homes. House-1: 2-Story Single-Family Residence (SFR) 4br +2 full ba 1,320 SF House-2: 2-Story (SB9) Dwelling 4ba +2 full ba 1,320 SF Records permit show Sewer Lateral in place, Electricity Available and Natural Gas available at street to be verified by buyer or buyer agent. "Ready to Build" (RTB) turnkey project in a high-demand market. Build both to sell, live in one and rent the other, or keep both as high-yield rental properties. Properties with paid permits don't last—bring your contractor today! 2 additional 800sf ADU at the rear can be built; plans and processing included.

10550 Haddon Avenue, 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.