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$564,999
3 Beds 3 Baths ACTIVE Status ABC Association BLDG.
Comfortable and spacious, two-story town home located inside a small gated community and walking distance to Hansen Damn Wildlife Preserve and golf course. This home is very clean and meticulously maintained, defining pride of ownership and boasting a large living room and dining room. All bedrooms are located upstairs, including the master bathroom and one full bath at the end of the hall. The master bedroom comes with a balcony, providing a view of Roger Jessup Park across the street. The attached, two-car garage gives you easy access to the home as it's the first unit as soon as you enter the community. You can also park a third vehicle outside your garage. This is an end unit, facing west. One side of the unit does not share a wall with neighbors so you can place your plotted plants and decorate the vegetation for the festivities.

12368 Osborne St Unit 1, Pacoima

Courtesy of EstateX inc., Jorge Guerrero - CA DRE#01980145

$3,150,000
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 15.79% cash-on-cash return. Preliminary plans to add 20 new market-rate units to achieve an unheard of 14.4% 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 $2.79MM in net profit after all construction and resale costs, yielding an exceptional 125% 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 St, Pacoima

Courtesy of Houze Real Estate Management, Kelly Morgan - CA DRE#01898026

$3,150,000
13 Beds 14 Baths 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 15.79% cash-on-cash return. Preliminary plans to add 20 new market-rate units to achieve an unheard of 14.49% 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 $2.79MM in net profit after all construction and resale costs, yielding an exceptional 125.99% 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.

12600 Correnti St, Pacoima

Courtesy of Houze Real Estate Management, Kelly Morgan - CA DRE#01898026

$589,000
2 Beds 1 Baths ACTIVE Status
Trust Sale. No Court Confirmation required. Corner Lot Fixer with ADU Potential & One of the Lowest $/SF in Pacoima! Offered for the first time in 53 years, this property presents an outstanding opportunity to build your dream home or add multiple ADUs. One of the lowest price per SF in the area. Featuring a 2-bedroom, 1-bath residence of approx. 1,208 SF on a 6,792 SF corner lot, the property is fully fenced and includes a generous yard with mature trees. Conveniently located just minutes from schools, freeways, dining, the airport, and public transportation Great opportunity for an owner, or an investor, to make this home a true gem it can be and realize substantial benefits. This is a vacant fixer-upper ready for your vision. Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied. Buyer to independently verify the accuracy of the square footage, bedroom/ bathroom count, lot size or lot lines/dimensions, permitted or un-permitted spaces. Seller will not be responsible for any repairs, inspection reports, termite work, trash out, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations.

13005 Osborne St, Pacoima

Courtesy of Ingenious Asset Group, Inc., Vineendra Jain - CA DRE#01413466

$3,950,000
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 Pl, Pacoima

Courtesy of Marcus & Millichap, Filip Niculete - CA DRE#01905352

$800,000
4 Beds 2 Baths ACTIVE Status
Bring life back into this Classic Lakeview Terrace Home, Built the mid seventies a place of tranquility and peace. This home is on a hilltop overlooking scenic views of Hansen Dam Recreation Center and Park, Golf Course, Aquatic Center. Needs Love, Life & Laughter. Help bring back this classic house and turn it into your HOME.. This 2 story home comes with 4 Bedrooms 2 Bathrooms, Master is downstair w/ 1 bathroom, the other 3 rooms and bath are upstairs. Living room has a fireplace, Open kitchen and dining area 2 car garage, central air & heating. It comes with a solar unit that save$ on your energy bill. Most of all entertain your family and friends in the backyard, celebrations, barbeques,or just sitting back reading and relaxing after a hard days work. Views, views, views... Waiting for you to bring your Ideas & creativity.

10648 Empire Dr, Pacoima

Courtesy of Greg Hughes Realty CA, Greg Hughes - CA DRE#01370875

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