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    11108 Norris Ave Los Angeles, CA 91331

    For Sale
    $1,680,000

    Four-unit property built in 2025 with income potential.

    Lot size:
    0.23 Acres

    Property Features for 11108 Norris Ave

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    2025

    Source: Coldwell Banker Realty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pacoima Multifamily Investment Opportunity

    Located in Pacoima, this four-unit property, constructed in 2025, presents a versatile investment opportunity. The property consists of a main house and three additional dwelling units (ADUs). Situated on a 9,893-square-foot lot, the total building size is 4,640 square feet. The property is suitable for multifamily housing, student housing, elderly care/assisted living, nursing care, or sober living. Each unit has its own address and individual electric meter, and the property features paid-off solar panels. Unit 1 and Unit 2 each offer 3 bedrooms and 2 bathrooms within approximately 1,350 square feet, featuring open floor plans. Unit 3 includes 3 bedrooms and 2 bathrooms, spanning approximately 1,200 square feet. Unit 4 provides 2 bedrooms and 2 bathrooms in approximately 750 square feet. The property has a 7.8% cap rate.
    Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.41795
    Latitude
    34.27219

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property built in 2025 with income potential.
    Where is this quadplex located?
    The property is located at 11108 Norris Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,680,000.
    What are key features of this property?
    This property features: - High Income Potential: 4-unit property with a 7.8% cap rate, designed for rental income.; - Versatile Usage: Suitable for multifamily housing, student housing, elderly care/assisted living, nursing care, or sober living.; - New Construction: Built in 2025, offering modern design and efficiency.
    (310) 467-5906
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    11108 Norris Ave Los Angeles, CA 91331
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    Los Angeles, CA 91331
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11108 Norris Ave Los Angeles, CA 91331
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