11107 Herrick Avenue, Pacoima, CA 91331 - Berkshire Hathaway HomeServices California Properties

11107 Herrick Avenue, Pacoima, CA 91331

$2,399,000 Approx. USD 0 beds, 0 baths

Listing Agent


Aaron Samson | asamson@coldwellbanker.com
Lic#: 01449890
Broker: Courtesy of Coldwell Banker Realty

Co Listing Agent


Jacqueline Palmatier | jacquie100@socal.rr.com
Lic#: 01363084
Broker: Courtesy of Realty Executives Homes

Agent Remarks

*PRICE REDUCED*Welcome to 11107 Herrick an extraordinary investment opportunity offering 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. Projected to produce $19,000 per month total rent. Each modern, all electric, separate addressed unit has its own power & water meters…tenants pay ALL their own utilities including trash! Four units equipped with cost efficient paid-off solar panels significantly reducing utility costs. Located walking distance to TWO charter schools and only 5-10 mins from major shopping….COSTCO etc. Up to eight secure off street parking spaces available on the side of the 20 X 220 foot deep gated driveway. 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 individual outdoor areas balance seclusion with a generous 15,703 square foot lot. 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.

Listing Details

Property type: Multi Family (Commercial)
Status: Active
MLS# SR25028436
List price is $2,399,000 Reduced by $100,000 on 3/22/2025
Price: $2,399,000
Beds: 0
Baths: 0
Built in 2024
0.36 acres
Lot size: 0.3605
County: Los Angeles
Lot description: ZeroToOneUnitAcre
Heating/cooling: Ductless
Heating description: Ductless
MLS area: PAC - Pacoima

Last Updated: 4/6/2025

 Days On Market (DOM): 49

 Find more Pacoima homes and real estate

 Find more homes in 91331 zip code

This listing belongs to the PAC - Pacoima MLS area

Lat/Long: 34.271317, -118.415232.
Find nearby listings

Source: CRM. Also Available in SR25022556, SR25033188,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

91331 Area Map

Demographics

Schools

Near by

Similar Listings