11107 Herrick Ave, Pacoima, CA 91331

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5 Beds

n/a Full bath

6,000 SqFt

Active

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!

Property Details
Price $2,550,000
Bedrooms 5
Lot Size Area 15703
Lot Size Area Units Square Feet
Acres 0.3605
Property Type MultiFamily
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Stories 2
Exterior Features Lighting
Year Built 2024
View Neighborhood
Heating Solar
Lot Description No Landscaping
Laundry Features None
Pool features None
Parking Spaces 0
Garage spaces 0
Association Fee 0
Geographic Data
Directions Take exit 45 off 118 freeway, turn right on Paxton St, turn left onto Herrick Ave.
County Los Angeles
Latitude 34.271317
Longitude -118.415232
Market Area PAC - Pacoima
Address Information
Address 11107 Herrick Ave, Pacoima, CA 91331
Postal Code 91331
City Pacoima
State CA
Country United States
Listing Information
Listing Office Compass
Listing Agent James Webster
Listing Agent Phone 661-803-2621
Attribution Contact 661-803-2621
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Ownership None
MLS Information
Days on market 2
MLS Status Active
Listing Date Oct 19, 2024
Listing Last Modified Oct 21, 2024
Tax ID 2534026014
MLS Area PAC - Pacoima
MLS # SR24216677

This information is believed to be accurate, but without any warranty.

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