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11107 Herrick Avenue Pacoima, CA 91331
17 Beds
15 Baths
6,000 SqFt
OPEN HOUSE
Sun Mar 02, 1:00pm - 4:00pm
UPDATED:
02/28/2025 04:23 AM
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $425
MLS Listing ID SR25033188
Style All Other Attached
Bedrooms 17
Full Baths 10
Half Baths 5
HOA Y/N No
Year Built 2024
Lot Size 0.360 Acres
Acres 0.3605
Property Description
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.
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.
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.
Location
State CA
County Los Angeles
Area Pacoima (91331)
Interior
Heating Electric
Cooling Central Forced Air, Electric
Equipment Electric Range
Appliance Electric Range
Building
Lot Description Curbs, Sidewalks
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Others
Miscellaneous Suburban
Acceptable Financing Cash To New Loan
Listing Terms Cash To New Loan
Special Listing Condition Standard
Listed by Aaron Samson • Coldwell Banker Realty
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