Property Details
About this Property
Exceptionally well-maintained apartment complex consisting of a good mix of 1, 2, and 3 bedroom units across multiple three-story structures. The property is subject to an restrictive affordability covenant that expires in 2060. Situated on 1.3 acres, the property also offers the potential to add additional units such as ADU's (buyer to verify). Existing City / Government loans may be assumable subject to Lenders' approval. Seller may be subject to certain notice provisions under the Affordable Housing Preservation Laws, including a possible opportunity for certain qualified entities to submit an offer, which may extend close of escrow. Prospective Buyers are encouraged to be able to show proof of history and ability to operate an affordable housing apartment complex, and encouraged to register with the state and/or local housing authority to become a "Qualified Entity" in order to ensure a smooth and timely transaction. Buyer to verify all information including financials. Financial information provided by Seller is based on actual rents in compliance with affordability covenants; scheduled rents and operating expenses are adjusted to adjust for vacancies and one-time expenses and include expected property taxes excluding welfare exemptions (ie a nonprofit Buyer would like
MLS Listing Information
MLS #
CROC25124018
MLS Source
California Regional MLS
Days on Site
44
Parking, School, and Other Information
Garage/Parking
Carport, Garage: 0 Car(s)
Contact Information
Listing Agent
Judson Leibee
JCI Real Estate, Inc.
License #: 01824779
Phone: (949) 835-0500
Co-Listing Agent
Hiiro Tomita
License #: 02024651
Phone: (661) 706-1517
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 6 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
12360 Osborne St is a Residential Income in Pacoima, CA 91331. This – square foot property sits on a 56,931 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $11,950,000 and was built in 2008. This address can also be written as 12360 Osborne St, Pacoima, CA 91331.
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This listing information is up-to-date as of July 15, 2025. For the most current information, please contact Judson Leibee, (949) 835-0500
