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12600 Correnti St - 12600 Correnti St 0.21 Acres of Commercial Land Offered at $3,300,000 in Pacoima, CA 91331
Investment Highlights
- Plans and zoning entitlement compatibility for 20 additional units.
- Surrounded by established residential neighborhoods and service-oriented retail.
- Existing cash-flowing asset with 14 renovated residential units.
- Positioned in a dense urban corridor, ensuring strong rental demand and low vacancy trends.
Executive Summary
Contact us today to request the OM or schedule a private tour.
**Contact Kelly Morgan Multifamily Group for more information (310) 836-3638 or Kelly@KellyMorganCommercial.com**
*Disclaimer:
The attached information and figures are projections provided solely for conceptual marketing purposes and must be verified by the prospective purchasers. Neither the Seller, Alactic Systems, Kelly Morgan, their team, nor any related employees or independent contractors warrant their accuracy. Prospective purchasers should conduct their own due diligence and are advised to conduct a thorough investigation including consulting with the appropriate professionals regarding all relevant details, facts, and projections, including the ability to make any potential improvements or build an ADU on the property in question.
Property Facts
| Price | $3,300,000 | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 0.21 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | LAC2 - Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses | ||
| Price | $3,300,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.21 AC |
| Opportunity Zone |
Yes |
| Zoning | LAC2 - Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses |
1 Lot Available
Lot
| Price | $3,300,000 | Lot Size | 0.21 AC |
| Price Per AC | $15,970,188.98 |
| Price | $3,300,000 |
| Price Per AC | $15,970,188.98 |
| Lot Size | 0.21 AC |
This property offers a 9,001-square-foot parcel in a highly accessible Pacoima location along San Fernando Road. It currently includes 14 fully renovated rental units generating immediate cash flow, with permits and plans for an additional 20 units.
Description
The property comprises a 9,001-square-foot urban infill lot in Pacoima, Los Angeles County. It is situated near Correnti Street and San Fernando Road, north of Osborne Street and east of Laurel Canyon Boulevard. The parcel is zoned LAC2, and its location offers immediate access to major regional arteries including Interstate 5, SR-118, and SR-170. The surrounding area includes a mix of residential, commercial, and light industrial uses, supporting consistent connectivity and infrastructure availability.
Property Taxes
| Parcel Number | 2537-012-024 | Improvements Assessment | $546,820 |
| Land Assessment | $842,105 | Total Assessment | $1,388,925 |
Property Taxes
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12600 Correnti St - 12600 Correnti St
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