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11107 Herrick Ave, Pacoima, CA 91331

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For Sale

$2,550,000

17 beds15 baths6,000 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $425.00
    Price per square foot

  • New Construction
    Age

Explore this Property

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!
MLS# SR24216677

Courtesy Of Compass

(310) 230-5478

Property Features

  • Age
    New Construction, New Construction
  • Amenities
    Dock
  • Architecture Style
    Other
  • Rooms
    Living Room

Map and Directions

Directions to 11107 Herrick Ave, Pacoima, CA 91331
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