855.375.4001
Listed by 661-803-2621 - James Webster - Compass
$2,550,000 affordable loan icon Calculate Payment

11107 Herrick Ave Pacoima, CA 91331

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Single Family Residence
Beds
Baths
... Bed/Bath
6,000 Sq. Ft.

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Last updated on 12/12/2024 10:44 AM
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! Continue reading
MLS#
SR24216677
Property Type
Single Family
Year Built
2024
Square Feet
6,000 sq. ft
Lot Size
0.36
Stories
2.0
Sewer
Public Sewer

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Listed by 661-803-2621 - James Webster - Compass
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 12/12/2024 10:44 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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