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11107 Herrick Ave, Pacoima, CA 91331
Priced at Only: $2,550,000
For more Information Call Mobile: 714.478.6676
Address: 11107 Herrick Ave, Pacoima, CA 91331
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  • MLS#: SR24212731 ( Single Family Residence )
  • Street Address: 11107 Herrick Ave
  • Viewed: 5
  • Price: $2,550,000
  • Price sqft: $425
  • Waterfront: No
  • Year Built: 2024
  • Bldg sqft: 6000
  • Bedrooms: 17
  • Total Baths: 15
  • Full Baths: 15
  • Days On Market: 76
  • Additional Information
  • County: LOS ANGELES
  • City: Pacoima
  • Zipcode: 91331
  • District: Los Angeles Unified
  • Provided by: Compass
  • Contact: James James
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Welcome to 11107 Herrick Ave, a remarkable investment opportunity featuring five beautifully detached, newly constructed turn key units. With a robust return on investment at a 7% cap rate, this property shines as an exceptionally attractive opportunity for savvy investors. Three units feature three bedrooms and three bathrooms, while two units enjoy four bedrooms and three bathrooms that offer a convenient downstairs bedroomideal for multi generational living. Each unit offers 1,200 square feet of living space, providing ample room for comfort. They feature a modern design and are filled with an abundance of natural light, enhancing their rental appeal and ensuring an effortless rental process. The outdoor quarters are designed with an emphasis on privacy, allowing residents to enjoy both indoor and outdoor living. While each unit maintains its own personal space, the outdoor areas provide a perfect blend of privacy and openness, offering an ideal setting for relaxation or entertainment. Units are also equipped with paid off solar panels that significantly reduce utility costs. The property boasts a spacious 15,703 square foot lot, with residents having access to 200 feet of dedicated parking space. Situated off Van Nuys Blvd, residents benefit from a variety of surrounding dining options and convenient freeway access. Dont miss your chance to add this lucrative property to your real estate portfolioschedule a viewing today!
Features
Appliances
  1. None
Assessments
  1. None
Association Fee
  1. 0.00
Baths Full
  1. 15
Baths Total
  1. 15
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Cooling
  1. Central Air
Country
  1. US
Entry Location
  1. Front Gate
Fireplace Features
  1. None
Garage Spaces
  1. 0.00
Heating
  1. Solar
Laundry Features
  1. None
Levels
  1. Two
Living Area Source
  1. Public Records
Lockboxtype
  1. Combo
Lot Features
  1. Landscaped
Parcel Number
  1. 2534026014
Parking Features
  1. Assigned
Pool Features
  1. None
Property Type
  1. Single Family Residence
Property Condition
  1. Turnkey
Road Frontage Type
  1. City Street
School District
  1. Los Angeles Unified
Security Features
  1. Automatic Gate
  2. Gated Community
Sewer
  1. Public Sewer
Spa Features
  1. None
View
  1. Neighborhood
Water Source
  1. Public
Year Built
  1. 2024
Year Built Source
  1. Public Records
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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