11108 Norris AVE Active Save Request In-Person Tour Request Virtual Tour
Pacoima,CA 91331
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,550 sqft
Price per Sqft $369
MLS Listing ID 25603977
Bedrooms 11
Half Baths 8
Year Built 2025
Property Sub-Type Single Family Residence
Property Description
Discover an exceptional newly built 4-unit property in Pacoima, offering versatility, modern efficiency, and strong income potential. Completed in 2025, this 4,640 SQFT property sits on a generous 9,893 SQFT lot and is ideal for owner-users or investors seeking high returns. Live in the main house while renting out the additional units, or maximize income with all four units occupied. Each unit features its own address, individual electric meter, and paid-off solar panels, ensuring low operating costs and long-term sustainability. Unit Breakdown:* Unit 1: 3BD/2BA, approx. 1,350 SQFT Leased for $3,400/month* Unit 2: 3BD/2BA, approx. 1,350 SQFT Vacant; ideal for owner use or rentable at approx. $3,400/month* Unit 3: 3BD/2BA, approx. 1,200 SQFT Leased for $3,000/month* Unit 4: 2BD/2BA, approx. 750 SQFT Leased for $2,600/month With a 7% cap rate, this property offers excellent cash flow, sustainability, and long-term investment stability an outstanding opportunity in a prime location.
Location
State CA
County Los Angeles
Area Pac - Pacoima
Zoning LAR1
Interior
Heating Central
Flooring Laminate
Fireplaces Type None
Exterior
Parking Features Assigned,Driveway
Fence Privacy
Pool None
Community Features Gated
View Y/N No
View None
Building
Story 1
New Construction Yes
Others
Special Listing Condition Standard