There are multiple listings for this address:
11107 Herrick Avenue
Pacoima, CA, 91331
$2,550,000
Beds
0 Baths
SqFt
0.36 Acres
Add
*OPEN HOUSE SUNDAY MARCH 2ND 1:00-4:00* Welcome to 11107 Herrick Ave, an extraordinary investment opportunity boasting FIVE new construction, beautifully appointed, detached, turn-key 1200 SQFT vacant units consisting of two 4 bed / 3 bath and three 3 bed / 3 bath. $19,000 per month total projected rent with up to eight secure off street parking spaces available on the side of the 20 X 220 foot deep gated driveway. Each modern all electric separate addressed unit has its own power meter and water sub-meter. Tenants will 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. Four units 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.

Property Details

Price:
$2,550,000
MLS #:
SR25022556
Status:
Active
Baths:
0
Address:
11107 Herrick Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
pacpacoima
City:
Pacoima
Listed Date:
Jan 30, 2025
State:
CA
ZIP:
91331
Lot Size:
15,703 sqft / 0.36 acres (approx)
Year Built:
2024
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Schools

School District:
Los Angeles Unified

Interior

Appliances
Electric Oven, Electric Range
Cooling
Ductless
Fireplace Features
None
Heating
Ductless

Exterior

Community Features
Curbs, Sidewalks, Street Lights, Suburban
Electric
Photovoltaics on Grid, Photovoltaics Seller Owned
Garage Spaces
0.00
Green Energy Generation
Solar
Lot Features
0-1 Unit/ Acre
Parking Spots
0.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
Electricity, Trash Collection, Water
Utilities
Electricity Connected, Sewer Connected, Water Connected

Map

Community

Similar Listings Nearby

11107 Herrick Avenue
Pacoima, CA
11107 Herrick Avenue
Pacoima, CA, 91331
$2,550,000
17 Beds
15 Baths
6,000 SqFt
0.36 Acres
Add
*OPEN HOUSE SUNDAY MARCH 2ND 1:00-4:00* Welcome to 11107 Herrick Ave, an extraordinary investment opportunity boasting FIVE new construction, beautifully appointed, detached, turn-key 1200 SQFT vacant units consisting of two 4 bed / 3 bath and three 3 bed / 3 bath. $19,000 per month total projected rent with up to eight secure off street parking spaces available on the side of the 20 X 220 foot deep gated driveway. Each modern all electric separate addressed unit has its own power meter and water sub-meter. Tenants will 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. Four units 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.

Property Details

Price:
$2,550,000
MLS #:
SR25033188
Status:
Active
Beds:
17
Baths:
15
Address:
11107 Herrick Avenue
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
pacpacoima
City:
Pacoima
Listed Date:
Feb 11, 2025
State:
CA
Finished Sq Ft:
6,000
ZIP:
91331
Lot Size:
15,703 sqft / 0.36 acres (approx)
Year Built:
2024
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

School District:
Los Angeles Unified

Interior

Appliances
Electric Oven, Electric Range
Cooling
Ductless
Fireplace Features
None
Heating
Ductless

Exterior

Community Features
Curbs, Sidewalks, Street Lights, Suburban
Electric
Photovoltaics on Grid, Photovoltaics Seller Owned
Garage Spaces
0.00
Green Energy Generation
Solar
Lot Features
0-1 Unit/ Acre
Parking Spots
0.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public

Financial

Association Fee
0.00
Utilities
Electricity Connected, Sewer Connected, Water Connected

Map

Community

Similar Listings Nearby