11107 Herrick Avenue
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 | SR25022556 |
| Year Built | 2024 |
| Property Type | Mixed Use |
| 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, 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 nine 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.
Listing information courtesy of: Aaron Samson, Coldwell Banker Realty 818-970-7012. *Based on information from the Association of REALTORS/Multiple Listing as of 02/12/2025 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®
Damon Vartan
REALTOR®
Direct: 818.482.0998
Email: Email Me
DRE: 02089804
DRE #01873088
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