Listing Agent: F Eslamieh      Broker/Office: Realty E Group, Inc
11020 Herrick Avenue Pacoima CA 91331
$ 1,499,000
  6   |    6 Full  1 Half   |    2800 Sq Feet

Listing ID

#26643087

Status

Active

Property Type

Single Family Residence

Property Style

See Remarks

County

Los Angeles

Year Built

1951

Days on website

4

Description
Turnkey Income Property in the Heart of Pacoima Live in One and Collect Rent! Fantastic opportunity to own a versatile income-producing property in the heart of Pacoima, close to all amenities. The main house features 3 bedrooms and 3 bathrooms and is currently rented, generating $3,800 per month in steady income. Just completed, the property includes a brand-new back house (ADU) with 3 bedrooms and 3 bathrooms and modern finishes, along with a separate newly built recreation room. There may be potential to utilize SB9 to further improve the lot and possibly convert the recreation room into an additional income-producing unit; buyer to verify all uses, permits, and zoning with the City of Los Angeles. This layout offers income potential while maintaining excellent owner-occupant flexibility. Situated on a wide street in a great area, the property includes a gated side yard with separate gated access for the main house and the back house/recreation area, enhancing privacy and providing ample space for parking. Perfect for an investor or owner-user. Enjoy a brand-new home while collecting rental income in a prime Pacoima location close to shopping, dining, schools, and transportation. A must-see property with strong upside.
Location
Financial Information
List Price:  $ 1499000
Property Features
Furnished:  Unfurnished
Heating:  Central
Levels:  One
Senior Community YN:  false
Senior Community YN:  false
MLS Area Major:  PAC - Pacoima
City:  Pacoima
Listed By:   F Eslamieh   Realty E Group, Inc 
CA Lic#