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12335 Osborne Place

Pacoima, CA 91331
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SqFt46,035

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : Land

Price : $3,950,000

AD Id : 87410546

MLS Id : 26639493

Lot Size : 46,035 Sqft(Lot)

County : Los Angeles

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  • Lot Information

    Lot Dimensions: 132x330 Main Square Feet: 46035 Lot Size Acres: 1.0568 Lot Size Source: Assessor Lot Size Square Feet: 46,035

  • Listing Price Information

    Listing Price: $3950000
    Original Price: $4995000

  • Tax Information

    Parcel Number: 2537001011

  • Location Information

    Direction: Nearest cross street of Osborne Place and Osborne Street.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
12602 Correnti Street, Pacoima, CA, 91331 $3,150,000 -- -- -- 9,001 Sqft(Lot)
10397 San Fernando Road, Pacoima, CA, 91331 $799,900 -- -- -- 5,977 Sqft(Lot)
10550 Haddon Avenue, Pacoima, CA, 91331 $749,000 -- -- -- 7,500 Sqft(Lot)

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ByOwner last updated this listing 07/26/2026 @ 03:34

MLS: 26639493 LISTED BY: Filip Niculete, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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