Refine Search
Sort by
11523 Sproule Avenue, Pacoima
$1,150,000
SR26226033 MLS ⋅ Active Status
Rare 0.44 acre (approx. 19,166 SF) level infill lot in Pacoima with multiple ministerial development paths. Pursue an SB 1123 small lot subdivision for up to 10 fee simple for sale homes with no public hearing, no CEQA review, and a 60 day map approval. Zoning allows a 45 ft height limit and 3:1 FAR, supporting three story homes up to the 1,750 SF average size cap. Alternatively, an SB 9 play allows a lot split with up to two units per lot while keeping the existing home. Property is improved with a single family residence and detached garage, offering holding income or a keep and build option. Located in a federally designated Opportunity Zone with potential capital gains benefits for qualified investors. Street, water and sewer in place. Quick access to the 5, 118 and 210 freeways, near Hansen Dam, Costco, Target and Lowe's. APN 2532-006-011. Ideal for builders, small lot developers and OZ investors. Buyer to verify all development potential.

11523 Sproule Avenue, Pacoima

10550 Haddon, Pacoima
$575,000
SR26216121 MLS ⋅ Active Status
Ready to Build w/ Permits !! Builders and investors start digging immediately. This 50’ × 150’ flat, vacant lot comes with fully paid permits and approved plans to build two modern, 2-story homes. House#1: 2-Story Single-Family Residence (SFR) 4br +2 full ba 1,320 SF. House#2: exact duplicate SB9 Dwelling . Records permit show Sewer Lateral in place, Electricity Available and Natural Gas available at street to be verified by buyer or buyer agent. "Ready to Build" (RTB) turnkey project in a high-demand market. Build both to sell, live in one and rent the other, or keep both as high-yield rental properties. Properties with paid permits don't last—bring your contractor today! 2 additional 800sf ADU at the rear can be built, for additional fees.

10550 Haddon, Pacoima

12602 Correnti Street, Pacoima
$2,995,000
26996311 MLS ⋅ Active Status
PRICE REDUCTION! 14 Existing Renovated units + plans for 20 new market-rate units cash flowing at an amazing Current Cap Rate of 8.0% from day 1! Attractive 2.48M assumable loan (requiring only ~19% down) at an incredibly low rate of 3.98% fixed through 09/01/2027 yielding a remarkable 16.2% cash-on-cash return. Preliminary plans to add 20 new market-rate units to achieve an unheard of 13.9% Cap Rate, 5.52 GRM, and only 139k/unit after taking into account all the construction costs (~1.67M assuming $250/SF). The project is anticipated to deliver over $3.2MM in net profit after all construction and resale costs, yielding an exceptional 146.5% 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 Street, Pacoima

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

How much is your home worth?

Get instant property value now!