11107 Herrick Avenue

Pacoima, CA 91331

$2,550,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

2024

calendar_month Built

Property Description

Welcome to 11107 Herrick Ave, an extraordinary investment opportunity boasting five newly constructed beautiful, detached, turn-key units consisting of two 4 bed / 3 bath and three 3 bed / 3 bath 1200 SQFT structures. Each modern all electric separate addressed unit has its own power meter and water sub-meter. Tenants pay for all their own utilities including trash! With an impressive approx. 7% cap rate, this property is a prime opportunity for discerning investors. All units feature contemporary design and abundant natural light to enhancing their appeal and ensuring effortless rentals. Designed with privacy in mind, the outdoor areas balance seclusion and openness, ideal for relaxation or entertainment. All units are equipped with cost efficient paid-off solar panels, significantly reducing utility costs. The property sits on a generous 15,703 square foot lot, with 200 feet of dedicated parking space. Nestled off Van Nuys Blvd, this prime location offers a variety of dining options and convenient freeway access. Seize this opportunity to enhance your real estate portfolio.

Listing Information

List Price $2,550,000
Status Active
MLS SR25022556
HOA $0
Type Residential Income
Subtype Mixed Use
Year Built 2024
Lot Size 15,703
Structure Size N/A
Courtesy Of Coldwell Banker Realty
Listing Agent Aaron Samson DRE#01449890

Interior Features

Laundry Information
Location(s) Washer Hookup, Electric Dryer Hookup, Inside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type Ductless

Exterior Information

Maps

Listing information courtesy of: Aaron Samson, Coldwell Banker Realty 818-970-7012. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 31st, 2025 at 5:04 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.