Description
We are pleased to present 12342 Osborne Place, a unique "shovel ready" 26-unit townhouse development opportunity in the Pacoima neighborhood of Los Angeles, CA. This rare development offering will be delivered with permits pulled and paid, allowing a developer to begin construction right away.In a qualifying Opportunity Zone, the offering is comprised of 43,532 SF (approx. 1.0 acres) of vacant land zoned (Q)RD1.5-1-CUGU. The lot is located on the East side of Osborne Place in the southeast section of Pacoima, surrounded by Shadow Hills, La Tuna Canyon, Sun Valley, and Arleta. This convenient San Fernando Valley neighborhood boasts commuter's accessibility with the 5, 210, and 118 freeways within close proximity of the subject property.The city of Pacoima is revitalizing the area by creating a pedestrian-friendly, community-oriented downtown along Van Nuys Blvd between Laurel Canyon Blvd and San Fernando Rd.
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School Ratings & Info
Description
We are pleased to present 12342 Osborne Place, a unique "shovel ready" 26-unit townhouse development opportunity in the Pacoima neighborhood of Los Angeles, CA. This rare development offering will be delivered with permits pulled and paid, allowing a developer to begin construction right away.In a qualifying Opportunity Zone, the offering is comprised of 43,532 SF (approx. 1.0 acres) of vacant land zoned (Q)RD1.5-1-CUGU. The lot is located on the East side of Osborne Place in the southeast section of Pacoima, surrounded by Shadow Hills, La Tuna Canyon, Sun Valley, and Arleta. This convenient San Fernando Valley neighborhood boasts commuter's accessibility with the 5, 210, and 118 freeways within close proximity of the subject property.The city of Pacoima is revitalizing the area by creating a pedestrian-friendly, community-oriented downtown along Van Nuys Blvd between Laurel Canyon Blvd and San Fernando Rd.
Based on information from California Regional Multiple Listing Service, Inc. as of 2019-12-10T19:28:00.233. 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 deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.