Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    11107 Herrick Ave, Pacoima, CA 91331
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    11107 Herrick Ave
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    • MLS#: SR24212731 ( Single Family Residence )
    • Street Address: 11107 Herrick Ave
    • Viewed: 8
    • Price: $2,550,000
    • Price sqft: $425
    • Waterfront: No
    • Year Built: 2024
    • Bldg sqft: 6000
    • Bedrooms: 17
    • Total Baths: 15
    • Full Baths: 15
    • Days On Market: 82
    • Additional Information
    • County: LOS ANGELES
    • City: Pacoima
    • Zipcode: 91331
    • District: Los Angeles Unified
    • Provided by: Compass
    • Contact: James James
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      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 bedroomideal 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. Dont miss your chance to add this lucrative property to your real estate portfolioschedule a viewing today!
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    Features
    Appliances
    1. None
    Assessments
    1. None
    Association Fee
    1. 0.00
    Baths Full
    1. 15
    Baths Total
    1. 15
    Commoninterest
    1. None
    Common Walls
    1. No Common Walls
    Cooling
    1. Central Air
    Country
    1. US
    Entry Location
    1. Front Gate
    Fireplace Features
    1. None
    Garage Spaces
    1. 0.00
    Heating
    1. Solar
    Laundry Features
    1. None
    Levels
    1. Two
    Living Area Source
    1. Public Records
    Lockboxtype
    1. Combo
    Lot Features
    1. Landscaped
    Parcel Number
    1. 2534026014
    Parking Features
    1. Assigned
    Pool Features
    1. None
    Property Type
    1. Single Family Residence
    Property Condition
    1. Turnkey
    Road Frontage Type
    1. City Street
    School District
    1. Los Angeles Unified
    Security Features
    1. Automatic Gate
    2. Gated Community
    Sewer
    1. Public Sewer
    Spa Features
    1. None
    View
    1. Neighborhood
    Water Source
    1. Public
    Year Built
    1. 2024
    Year Built Source
    1. Public Records
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836