$2,399,000
For Sale

11107 Herrick Avenue

Pacoima, CA 91331
0.36 acres | #SR25022556
Listing OfficeColdwell Banker Realty
Browse 50 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

*PRICE REDUCED*Welcome to 11107 Herrick an extraordinary investment opportunity offering 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. Projected to produce $19,000 per month total rent. Each modern, all electric, separate addressed unit has its own power & water meters…tenants pay ALL their own utilities including trash! Four units equipped with cost efficient paid-off solar panels significantly reducing utility costs to the tenant. Located walking distance to TWO charter schools and only 5-10 mins from major shopping….COSTCO etc. Up to eight secure off street parking spaces available on the side of the 20 X 220 foot deep gated driveway. All units feature contemporary design and abundant natural light to enhancing their appeal and ensuring effortless rentals. Designed with privacy in mind, the individual outdoor areas balance seclusion with a generous 15,703 square foot lot. 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 Details
      • Utility FeaturesElectricityConnected, SewerConnected, WaterConnected
      • Lot DescriptionZeroToOneUnitAcre
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$2,550,000
      • MLS #SR25022556
      • MLS #SR25022556
      • Property SubtypeMixedUse
      • Cost2399000
      • Acres0.3605
      • Utility SourcePublic
      • Year Built2024
      • Stories2

Location

Bill PavkovReal Estate Group
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