$2,550,000
- Beds
- Unknown
- sq ft
- Unknown
11107 Herrick Ave, Pacoima, CA 91331
11107 Herrick Ave
Pacoima, CA 91331
- 23 days on market
- Open house Feb 23
*OPEN HOUSE SUNDAY FEB 24TH 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.
Details
Property type
Mixed Use
Property condition
New Construction
Lot size
0.3605 acres
Price per sq ft
Unknown
Year built
2024
HOA
No
Price History
01/30/2025
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CRMLS #SR25022556
Listed
$2,550,000
10/24/2024
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CRMLS #SR24212731
Removed
$2,550,000
10/14/2024
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CRMLS #SR24212731
Listed
$2,550,000
Schools & Community
Neighborhood:
Pacoima
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Curbs, Street Lights, Suburban, Sidewalks
Community features:
Curbs, Street Lights, Suburban, Sidewalks
Status: Active
Tomo last checked: 02/22/2025 at 11:20 AM
Listing updated: 02/22/2025 at 8:19 AM
Listed by: Aaron Samson, Coldwell Banker RealtyColdwell Banker Realty Phone #: (818) 995-2424
MLS: CRMLS #SR25022556
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