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 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.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48491662
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Composition
- Property Appliances: Electric Oven,Electric Range
- Fireplace: None
Cooling Features
- Ductless
- Air Conditioning
Heating Source
- Ductless
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 2024
- Building Area Total: 6,000
- Roof: Composition
Pool Features
- None
Laundry Features
- Washer Hookup,Electric Dryer Hookup,Inside
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3605
- Lot Size Source: Assessor
- Lot Size Square Feet: 15703
-
Listing Information
Listing Price Information
- Original List Price: 2,550,000
- Listing Contract Date: 2025-01-30
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2534026014
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Trash Collection,Water
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: PAC - Pacoima
- Directions: 118 Freeway exit Paxton. West to Herrick. Make a left
- Source Property Type: Residential Income
- Area: PAC - Pacoima
- Property SubType: Mixed Use
Building and Construction
- Property Age: 1
- Common Walls: No Common Walls
- Property Condition: Turnkey
- Structure Type: Mixed Use
- Year Built Source: Builder
- Entry Level: 1
- Entry Location: courtyard
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 02/22/2025 @ 17:28
- MLS: SR25022556
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 6,000 sqft, 15,703 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Pacoima , in zip code 91331, this Los Angeles County Home are nearby neighborhoods.