11107 Herrick Avenue, Pacoima, CA, US, 91331
11107 Herrick Avenue, Pacoima, CA, US, 91331Basics
- Date added: Added 2 days ago
- Category: Residential
- Type: Quadruplex
- Status: Active
- Bedrooms: 17
- Bathrooms: 15
- Half baths: 5
- Floors: 2, 2
- Area: 6000 sq ft
- Lot size: 15703, 15703 sq ft
- Year built: 2024
- View: None
- County: Los Angeles
- MLS ID: SR25033188
Description
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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.
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Location
- Directions: 118 Freeway Exit Paxton. Go west. Make a left on Herrick.
- Lot Size Acres: 0.3605 acres
Building Details
- Structure Type: Quadruplex
- Water Source: Public
- Lot Features: TwoToFiveUnitsAcre
- Sewer: PublicSewer
- Common Walls: NoCommonWalls
- Garage Spaces: 0
- Levels: Two
Amenities & Features
- Pool Features: None
- Parking Total: 0
- Cooling: CentralAir,Ductless,Electric
- Fireplace Features: None
- Heating: Central,Ductless,Electric
- Laundry Features: WasherHookup,ElectricDryerHookup
- Appliances: BuiltInRange,ElectricRange,ElectricWaterHeater
Nearby Schools
- High School District: Los Angeles Unified
Expenses, Fees & Taxes
- Association Fee: 0
Miscellaneous
- List Office Name: Coldwell Banker Realty
- Listing Terms: CashToNewLoan
- Common Interest: None
- Community Features: Curbs,StreetLights,Suburban,Sidewalks
- Attribution Contact: 818-970-7012