tomo logo

$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
CRMLS

CRMLS #SR25022556

Listed
$2,550,000
10/24/2024
CRMLS

CRMLS #SR24212731

Removed
$2,550,000
10/14/2024
CRMLS

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

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

CRMLS logo

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