11107 Herrick Ave Pacoima, CA 91331

Single Family Detached MLS #: SR24212731 Courtesy Of Compass

$2,550,000

17 beds | 15 baths | 6,000 sq ft
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Estimated monthly payments: $11,147/mo.* (recalculate)

Property InformationDescription

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 bedroom ideal 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. Don t miss your chance to add this lucrative property to your real estate portfolio schedule a viewing today!

Features

  • Age: New Construction, New Construction
  • Amenities: Dock
  • Architecture Style: Other
  • Rooms: Living Room

MAP & DIRECTIONS

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11107 Herrick Ave, Pacoima, CA 91331
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School Information

11107 Herrick Ave, Pacoima, CA 91331

Elementary School
Grades PK-5 | Public School
PACOIMA ELEMENTARY
Pacoima, CA 91331
Distance: 0.5 mi
Middle School
Grades 6-8 | Public School
CHARLES MACLAY MIDDLE SCHOOL
Pacoima, CA 91331
12540 Pierce St
818.­686.3800
Distance: 0.6 mi
School Rating
D+
Student:Teacher Ratio
16:1
Total Students
413
High School
Grades 9-12 | Public School
SAN FERNANDO HIGH SCHOOL
San Fernando, CA 91340
11133 Omelveny Ave
818.­898.7600
Distance: 1.6 mi
School Rating
C+
Student:Teacher Ratio
20:1
Total Students
2051
High School
Grades 9-12 | Public School
SYLMAR CHARTER HIGH SCHOOL
Sylmar, CA 91342
13050 Borden Ave
818.­833.3700
Distance: 2.9 mi
School Rating
B-
Student:Teacher Ratio
22:1
Total Students
1585
High School
Grades 9-12 | Public School
CESAR E. CHAVEZ LEARNING ACADEMIES - SOCIAL JUSTICE HUMANITAS
San Fernando, CA 91340
1001 Arroyo St
818.­838.3915
Distance: 1.2 mi
School Rating
B-
Student:Teacher Ratio
22:1
Total Students
519
High School
Grades 9-12 | Public School
CESAR E. CHAVEZ LEARNING ACADEMIES - ACADEMY OF SCIENCE EXPLORATION
San Fernando, CA 91340
1001 Arroyo St
818.­838.3926
Distance: 1.2 mi
School Rating
C
Student:Teacher Ratio
23:1
Total Students
445
High School
Grades 9-12 | Public School
CESAR E. CHAVEZ LEARNING ACADEMIES - TECHNOLOGY PREPARATORY ACADEMY
San Fernando, CA 91340
1001 Arroyo St
818.­838.3946
Distance: 1.2 mi
School Rating
C-
Student:Teacher Ratio
21:1
Total Students
338
High School
Grades 9-12 | Public School
SYLMAR BIOTECH HEALTH ACADEMY
Sylmar, CA 91342
13050 Borden Ave
818.­833.3723
Distance: 2.9 mi
School Rating
B+
Student:Teacher Ratio
13:1
Total Students
233
Other Nearby Schools Distance Type Grades School Rating
Pacoima Charter Elementary School 0.1 mi Public KG-6 C+
Bert Corona Charter High School 0.6 mi Public 9-12 C
Vaughn Next Century Learning Center 0.7 mi Public KG-12
Puc Inspire Charter Academy 0.7 mi Public 6-8
Coughlin Elementary 0.7 mi Public PK-5 C-
Vaughn Next Century Learning Center 0.7 mi Public KG-12 C
Fenton Primary Center 0.8 mi Public KG-2
Broadous Elementary School 0.9 mi Public KG-5 C
Telfair Avenue Elementary 1.0 mi Public KG-5 D+
Cesar E. Chavez Learning Academies-arts, Theatre, Entertatinment 1.2 mi Public 9-12 B
Haddon Avenue Steam Academy 1.3 mi Public PK-5 D+
Mission Continuation 1.4 mi Public 9-12 D
San Fernando Institute Of Applied Media 1.5 mi Public 6-8 C
San Fernando Middle School 1.5 mi Public 6-8 C-
Fenton Avenue Charter 1.5 mi Public 3-5 B-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Pacoima, CA 91331

Median Age: 35.5
Married: 56%
Number of Households: 22,464
Households with Children: 49.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.