11020 Herrick Ave Pacoima, CA 91331
Estimated payment $8,441/month
Highlights
- Built in 1951 | Newly Remodeled
- 1-Story Property
- Auto Driveway Gate
- No HOA
- Central Heating and Cooling System
- 4-minute walk to David M. Gonzales Recreation Center
About This Home
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. Also for lease $4500 for ADU. Section 8 Welcome!
Home Details
Home Type
- Single Family
Year Built
- Built in 1951 | Newly Remodeled
Lot Details
- 8,101 Sq Ft Lot
- Lot Dimensions are 60x135
- Property is zoned LAR1
Interior Spaces
- 2,800 Sq Ft Home
- 1-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 6 Bedrooms
Parking
- 2 Open Parking Spaces
- Auto Driveway Gate
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2536-001-018
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,881 | $637,500 | $477,054 | $160,446 |
| 2024 | $7,881 | $625,000 | $467,700 | $157,300 |
| 2023 | $5,797 | $451,454 | $377,563 | $73,891 |
| 2022 | $5,536 | $442,603 | $370,160 | $72,443 |
| 2021 | $5,470 | $433,925 | $362,902 | $71,023 |
| 2019 | $4,867 | $390,150 | $312,120 | $78,030 |
| 2018 | $4,711 | $382,500 | $306,000 | $76,500 |
| 2016 | $1,361 | $104,253 | $47,997 | $56,256 |
| 2015 | $1,343 | $102,688 | $47,277 | $55,411 |
| 2014 | $1,356 | $100,677 | $46,351 | $54,326 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/26/2026 01/26/26 | For Sale | $1,499,000 | +139.8% | $535 / Sq Ft | |
| 08/02/2023 08/02/23 | Sold | $625,000 | +2.5% | $668 / Sq Ft | View Prior Sale |
| 07/21/2023 07/21/23 | Pending | -- | -- | -- | |
| 07/16/2023 07/16/23 | For Sale | $609,900 | +62.6% | $652 / Sq Ft | |
| 09/23/2016 09/23/16 | Sold | $375,000 | +1.4% | $401 / Sq Ft | View Prior Sale |
| 07/21/2016 07/21/16 | For Sale | $370,000 | -- | $395 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $625,000 | First American Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Quit Claim Deed | -- | Fidelity National Title Co | |
| Grant Deed | $375,000 | Fidelity National Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $400,000 | New Conventional | |
| Previous Owner | $368,207 | FHA |
Source: The MLS
MLS Number: 26643087
APN: 2536-001-018
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