11329 Sherman Way

Sun Valley, CA 91352

$3,500,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1956

calendar_month Built

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.

Listing Information

List Price $3,500,000
Status Active
MLS P121289
HOA $0
Type Residential Income
Year Built 1956
Lot Size 25,280
Structure Size N/A
Courtesy Of Keller Williams Realty
Listing Agent Casey Picard DRE#01921866

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type Wall/Window Unit(s)
Heating Type
Heating Type Wall Furnace

Exterior Information

Other Structures
Views None

Maps

home_work Nearby Properties

Listing information courtesy of: Casey Picard, Keller Williams Realty (626) 376-9224. *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.

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