Property Detail

11108 Norris

Pacoima CA 91331

$1,680,000

Status: Active

Property Details

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 Leased $3,400 ; * Unit 3: 3BD/2BA, approx. 1,200 SQFT ideal for owner use or rentable at approx. $3,300/month* Unit 4: 2BD/2BA, approx. 750 SQFT Leased for $2,600/month With a 7.2% cap rate, this property offers excellent cash flow, sustainability, and long-term investment stability an outstanding opportunity in a prime location.

Map Location

Listing provided courtesy of Elham Khani of Coldwell Banker Realty. Last updated 2025-12-16 09:07:46.000000. Listing information © 2025 CRMLS.

Quinten Sharp

Quinten Sharp

DRE# 00973844
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