$2,550,000
17 Bed
15 Bath
6,000 Sqft
15,703 Sqft

11107 Herrick Avenue, Pacoima (los Angeles), CA 91331

  • Residential Property Type
  • 12 Days Days On Market
  • 2024 Year Built
Property Description

*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 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.

Basic Details
Residential
Detached
For Sale
CRSR25033188
$2,550,000
None
17
15
12
10
6,000 Sqft
2024
15,703 Sqft
5
0.36 Acre
Active
2
: Two Story
5
Features
: None
: Central, Electric
: Other, Central Air
Public Sewer
: Electric Range, Range, Electric Water Heater
: None
: Electric, Other
: Street Light(s)
Address Map
CA
Los Angeles
Pacoima (los Angeles)
91331
Herrick Avenue
11107
W119° 35' 3.9''
N34° 16' 17.8''
118 Freeway Exit Paxton. Go west. Make a left on H
Additional Info
Coldwell Banker Realty
Aaron Samson
asamson@coldwellbanker.com
Los Angeles Unified
Active
Public
For Sale
Price History
02/13/2025
$2,550,000
$0
Additional Information
1
6000
Listing Information
2025-02-24T02:54:53Z
Jacqueline Palmatier
Realty Executives Homes
BayEast
CR269964
CR35570
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