


Listing Courtesy of: CRMLS / Coldwell Banker Realty / Aaron Samson - Contact: 818-970-7012
11107 Herrick Avenue Pacoima, CA 91331
Active (129 Days)
$2,499,000
6,000
SQFT
OPEN HOUSE TIMES
-
OPENSun, Mar 161:00 pm - 4:00 pm
Description
*PRICE REDUCED*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.
MLS #:
SR25022556
SR25022556
Lot Size
0.36 acres
0.36 acres
Type
Multifamily
Multifamily
Year Built
2024
2024
County
Los Angeles County
Los Angeles County
Listed By
Aaron Samson, DRE #01449890 CA, Coldwell Banker Realty, Contact: 818-970-7012
Source
CRMLS
Last checked Mar 13 2025 at 5:46 PM GMT+0000
CRMLS
Last checked Mar 13 2025 at 5:46 PM GMT+0000
Bathroom Details
Interior Features
- Laundry: Inside
- Laundry: Washer Hookup
- Electric Oven
- Laundry: Electric Dryer Hookup
- Electric Range
Heating and Cooling
- Ductless
Exterior Features
- Roof: Composition
Utility Information
- Utilities: Water Source: Public, Electricity Connected, Water Connected, Sewer Connected
- Sewer: Public Sewer
- Energy: Solar
Stories
- 2
Additional Information: Sherman Oaks | 818-970-7012
Location
Listing Price History
Date
Event
Price
% Change
$ (+/-)
Mar 10, 2025
Price Changed
$2,499,000
-2%
-51,000
Jan 30, 2025
Original Price
$2,550,000
-
-
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.