Pacoima (PAC) Land for Sale

Pacoima (PAC) Land for Sale

Welcome to Pacoima, a vibrant neighborhood nestled in the heart of Los Angeles County, California. Known for its rich cultural tapestry and welcoming community spirit, Pacoima offers a unique blend of urban conveniences and suburban charm. With its diverse population, the area is a melting pot of cultures, reflected in its delicious eateries, lively festivals, and community events. Nature enthusiasts will appreciate the nearby parks, such as the scenic Hansen Dam Recreation Area, which provides ample opportunities for hiking, fishing, and enjoying the great outdoors.

For those looking to invest in land, Pacoima presents an exciting opportunity. With a variety of parcels available for sale, this area is perfect for anyone seeking to build their dream home or embark on a new development project. The land for sale in Pacoima is competitively priced, making it an attractive option for both seasoned investors and first-time buyers. The region’s ongoing development and revitalization efforts promise a bright future, with increasing property values and a growing demand for housing.

Pacoima is well-connected through major highways and public transportation, offering easy access to downtown Los Angeles and beyond. This accessibility, combined with the area's community-oriented atmosphere, makes it an ideal location for families and individuals alike. Whether you envision a cozy home or a bustling commercial venture, the land for sale in Pacoima is your canvas to create a future filled with possibilities. Discover the charm of Pacoima and seize the opportunity to invest in this flourishing neighborhood today!

Newest Pacoima (PAC) Land for Sale

$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.