11107 Herrick Avenue, Pacoima, CA 91331
-
Listed Price :
$2,550,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
2024
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.
Interior Features
| Laundry Information |
| Location(s) |
Washer Hookup, Electric Dryer Hookup, Inside |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
Ductless |
Listing Information
| Address |
11107 Herrick Avenue |
| City |
Pacoima |
| State |
CA |
| Zip |
91331 |
| County |
Los Angeles |
| Listing Agent |
Aaron Samson DRE #01449890 |
| Courtesy Of |
Coldwell Banker Realty |
| List Price |
$2,550,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Mixed Use |
| Structure Size |
N/A |
| Lot Size |
15,703 |
| Year Built |
2024 |
Listing information courtesy of: Aaron Samson, Coldwell Banker Realty. *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.
