11329 Sherman Way

Sun Valley, CA 91352

  • 0 Bed(s)
  • 0 Bath(s)
  • 11,351 Sqft
  • 25280
    Sqft(Lot)
$3,500,000

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48997793

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Interior Features

    • Fireplace: None

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1956
    • Building Area Total: 11,351

    Pool Features

    • None

    Laundry Features

    • Common Area

    Fencing

    • Masonry,Wrought Iron

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.5803
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 25280

  • Listing Price Information

    • Original List Price: 3,500,000
    • Listing Contract Date: 2025-03-17

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 2315022010

  • Garage and Parking

    • Garage Description: On Site

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: SUNV - Sun Valley
    • Postal Code Plus 4: 4945
    • Directions: Located on Sherman Way and Bakman Avenue
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: SUNV - Sun Valley

    Building and Construction

    • Property Age: 69
    • Common Walls: No Common Walls
    • Year Built Source: Assessor
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BuyOwner last updated this listing 04/16/2025 @ 19:29

  • MLS: P1-21289
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 11,351 sqft, 25,280 sized lot, and 0 parking. are nearby neighborhoods.