11329 Sherman Way, Sun Valley, CA 91352
-
Listed Price :
$3,500,000
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Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
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Year Built :
1956
Property Description
Introducing a rare investment opportunity featuring two upgraded multifamily properties in the heart of Sun Valley. This portfolio consists of a 24-unit apartment complex at 11329 Sherman Way and a 4-unit property at 7211 Bakman Avenue, offering a total of 28 adjacent rental units with significant value-add potential and an approximate 50% rental upside. The assets have been upgraded with new windows, stone siding, and fresh exterior paint. Furthermore, each building offers copper plumbing (Buyer to verify). 11329 Sherman Way offers (8) - bachelors, (9)- Studios, and (7) - 1 bed / 1 bath units. 16 of the 24 units are master metered for gas and electric. 7211 Bakman Avenue offers (3) - 1 bed / 1 bath and (1) - 2 bed / 2 bath single family residencies. There are 4 designated parking spaces.
Interior Features
Laundry Information |
Location(s) |
Common Area |
Bedroom Information |
Bedrooms |
N/A |
Interior Information |
Cooling Type |
Wall/Window Unit(s) |
Heating Type |
Wall Furnace |
Listing Information
Address |
11329 Sherman Way |
City |
Sun Valley |
State |
CA |
Zip |
91352 |
County |
Los Angeles |
Listing Agent |
Casey Picard DRE #01921866 |
Courtesy Of |
Keller Williams Realty |
List Price |
$3,500,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
N/A |
Lot Size |
25,280 |
Year Built |
1956 |
Listing information courtesy of: Casey Picard, Keller Williams Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 17th, 2025 at 2:21 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.