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$2,550,000

Est. payment - /mo

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17 BD

15 BA

6,000 SqFt

Open Sun 1PM-4PM

11107 Herrick AVE Pacoima, CA 91331

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Nick Ospina

nickospina.re@gmail.com +1(858) 228-0144

OPEN HOUSE

Sun Feb 23, 1:00pm - 4:00pm

UPDATED:

02/20/2025 12:46 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $425

MLS Listing ID SR25033188

Bedrooms 17

Full Baths 5

Half Baths 5

Three Quarter Bath 5

HOA Y/N No

Year Built 2024

Lot Size 0.360 Acres

Property Sub-Type Quadruplex

Property Description

Welcome to 11107 Herrick Ave, an extraordinary investment opportunity boasting five new construction, beautifully appointed, detached, turn-key 1200 SQFT 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.

Location

State CA

County Los Angeles

Area Pac - Pacoima

Rooms

Main Level Bedrooms 1

Interior

Heating Central, Ductless, Electric

Cooling Central Air, Ductless, Electric

Fireplaces Type None

Fireplace No

Appliance Built-In Range, Electric Range, Electric Water Heater

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Pool None

Community Features Curbs, Street Lights, Suburban, Sidewalks

View Y/N No

View None

Private Pool No

Building

Lot Description 2-5 Units/Acre

Dwelling Type Quadruplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2534026014

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Listed by Aaron Samson • Coldwell Banker Realty • 818-970-7012

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Nick Ospina

Agent | License ID: 02062323

+1(858) 228-0144