11107 Herrick AVE Active Save Request In-Person Tour Request Virtual Tour
Pacoima,CA 91331
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25022556
Year Built 2024
Lot Size 0.360 Acres
Property Sub-Type Mixed Use
Property 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.
Location
State CA
County Los Angeles
Area Pac - Pacoima
Interior
Heating Ductless
Cooling Ductless
Fireplaces Type None
Laundry Washer Hookup,Electric Dryer Hookup,Inside
Exterior
Pool None
Community Features Curbs,Street Lights,Suburban,Sidewalks
Utilities Available Electricity Connected,Sewer Connected,Water Connected
View Y/N No
View None
Roof Type Composition
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction Yes
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard