Pacoima CA Real Estate & Land for Sale

Presenting this exceptional property featuring a vast 19,000 sqft lot, ripe for investment. Currently zoned A with RD1.5 density under the General Plan, this property offers significant development potential. Leveraging the Density Bonus program, developers can unlock higher density options, exceeding zoning restrictions to develop a Density Bonus and opt for unlimited density with 80+ units senior living facility over 4 levels, utilizing the new AB1287, State Density Bonus. The seller has existing plans for a 27-unit apartment building with 27 SURFACE parking stalls. With no RSO, Ellis, or Tenant Relocation issues, this lot is highly appealing to developers. >>> PLANS AVAILABLE UPON REQUEST<<< The property will be delivered vacant and entitled. Seize this incredible opportunity before it slips away!

Special Opportunity for a Builder or Investor to create an income producing property to build & hold or build & Sell. 2 lots, potential to build house plus ADU on each once the lots are un-tied. Build to suit, great potential for income producing property. Large flat lot, has alley access and all utilities on site. Currently a single family house on site & could be delivered vacant, if needed. You can customize the design to fit your needs and preferences, and enjoy the benefits of a steady income stream. The rendering photos posted will give you a good idea of the potential build.Central & convenient location, close proximity to transportation, shopping and other amenities. The seller is eager to make a deal, special financing might also be on the table, open to getting your offer and making a deal. Don't miss this rare chance to create a profitable property.

Incredible opportunity to build your dream home! This huge lot comes with a ready-to-issue (RTI) floor plan to build a 2,000 sqft. single-family plus a 1,200 sqft. ADU for rental income! This extremely rare flat lot with almost 10,000 square feet is also ideal to build up to 4 units. Due to the many changes in recent California law, there might be a possibility that will allow you to subdivide and/or build multiple houses on this lot, 4 units may be able to be built on the property. Contact the City of Los Angeles for any information about this lot in regards to zoning, planning, building, etc. Any questions please contact the listing agent. The lot has an address assigned and is located within a short distance of charter schools, restaurants, grocery stores, parks, Costco, Lowes, and Freeways. Also coming soon "The East San Fernando Valley Light Rail Transit Project." Sellers are not aware of natural gas or water lines on the lot however the neighbors on both sides of the lot are connected to power, natural gas, city power & water. Many houses down the street have ADUs on their properties. Any questions please contact the listing agent.