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

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    11107 Herrick Avenue, Pacoima, CA 91331
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    11107 Herrick Avenue
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    • MLS#: SR25022556 ( Commercial/Residential )
    • Street Address: 11107 Herrick Avenue
    • Viewed: 1
    • Price: $2,550,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 2024
    • Bldg sqft: 0
    • Days On Market: 6
    • Additional Information
    • County: LOS ANGELES
    • City: Pacoima
    • Zipcode: 91331
    • Provided by: Coldwell Banker Realty
    • Contact: Aaron Aaron
    • DMCA Notice
    • Description
      Welcome to 11107 Herrick Ave, an extraordinary investment opportunity boasting five newly constructed beautiful, detached, turn key units consisting of two 4 bed / 3 bath and three 3 bed / 3 bath 1200 SQFT structures. Each modern all electric separate addressed unit has its own power meter and water sub meter. Tenants 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.
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    Features
    Appliances
    1. Electric Oven
    2. Electric Range
    Association Fee
    1. 0.00
    Building Area Total
    1. 6000.00
    Commoninterest
    1. None
    Common Walls
    1. No Common Walls
    Cooling
    1. Ductless
    Country
    1. US
    Days On Market
    1. 91
    Electric
    1. Photovoltaics on Grid
    2. Photovoltaics Seller Owned
    Electric Expense
    1. 0.00
    Entry Location
    1. courtyard
    Fireplace Features
    1. None
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 0.00
    Green Energy Generation
    1. Solar
    Heating
    1. Ductless
    Insurance Expense
    1. 8000.00
    Laundry Features
    1. Electric Dryer Hookup
    2. Inside
    3. Washer Hookup
    Levels
    1. Two
    Lockboxtype
    1. See Remarks
    2. Supra
    Lockboxversion
    1. Supra BT LE
    Lot Features
    1. 0-1 Unit/Acre
    Netoperatingincome
    1. 145815.00
    Parcel Number
    1. 2534026014
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 995.00
    Property Type
    1. Commercial/Residential
    Property Condition
    1. Turnkey
    Road Frontage Type
    1. City Street
    Roof
    1. Composition
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 431319713:CRM
    Spa Features
    1. None
    Tenant Pays
    1. Electricity
    2. Trash Collection
    3. Water
    Totalexpenses
    1. 81045.00
    Trash Expense
    1. 0.00
    Utilities
    1. Electricity Connected
    2. Sewer Connected
    3. Water Connected
    View
    1. None
    Water Sewer Expense
    1. 0.00
    Water Source
    1. Public
    Year Built
    1. 2024
    Year Built Source
    1. Builder
    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