11107 Herrick Ave
Pacoima, CA 91331
Active for $2,550,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 15,703 sqft
| MLS | SR24216677 |
| Year Built | 2024 |
| Property Type | Single Family Residence |
| County | Los Angeles |
| Status | Active |
| Active | $2,550,000 |
| Structure Size | N/A sqft |
| Lot Size | 15,703 sqft |
| Beds | N/A |
| Baths | N/A |
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 bedroom—ideal 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. Don’t miss your chance to add this lucrative property to your real estate portfolio—schedule a viewing today!
Listing information courtesy of: James Webster, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Kristina Breckner
REALTOR®
Direct: 617.784.0465
Email: Email Me
DRE: 02157768
DRE #01873088
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