12335 Osborne Place
Pacoima (los Angeles), CA 91331
- – beds
- – baths
- 46,048 sqft
- ~1 acre lot
- $195 per sqft
- – on site
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. With Opportunity Zones set to expire at the end of 2026, this project presents an extraordinary opportunity for investors to buy, build, and renance before the expiration date. 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
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Last updated Mar 13, 2025
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MLS# CL25507501 —
This property is listed in more than one place. See it here.
The Building
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Building Area Units:Square Feet
Room Dimensions
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Living Area:46048
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Living Area Units:Square Feet
Location
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Directions:Osborne Pl & Osborne St
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Parcel Number:2536015013
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Zoning:LARD
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Lot Size Area:1.06
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Lot Size Acres:1.06
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Lot Size SqFt:46048
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Lot Size Units:Acres
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View:None
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View:false
Listing Agent
- Contact info:
- Agent phone:
- (818) 212-2817
The Community
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/5/25
Mar 5, 2025
|
Listed / Active | BRIDGE | $9,000,000 |
