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#: SR25028436 ( Multi Family )
    • Street Address: 11107 Herrick Avenue
    • Viewed: 4
    • Price: $2,499,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 2024
    • Bldg sqft: 0
    • Days On Market: 24
    • Additional Information
    • County: LOS ANGELES
    • City: Pacoima
    • Zipcode: 91331
    • Provided by: Coldwell Banker Realty
    • Contact: Aaron Aaron
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      *OPEN HOUSE SUNDAY MARCH 16TH 1:00 4:00* 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.
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    Features
    Building Area Total
    1. 6000.00
    Commoninterest
    1. None
    Cooling
    1. Ductless
    Country
    1. US
    Electric
    1. Photovoltaics on Grid
    2. Photovoltaics Seller Owned
    Electric Expense
    1. 0.00
    Heating
    1. Ductless
    Insurance Expense
    1. 5280.00
    Laundry Features
    1. Electric Dryer Hookup
    2. Inside
    3. Washer Hookup
    Parcel Number
    1. 2534026014
    Property Type
    1. Multi Family
    Roof
    1. Composition
    Totalexpenses
    1. 37155.00
    Trash Expense
    1. 0.00
    Utilities
    1. Electricity Connected
    2. Sewer Connected
    3. Water Connected
    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