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 Details
Price:
$3,500,000
MLS #:
P1-21289
Status:
Active
Baths:
0
Address:
11329 Sherman Way
Type:
Residential Income
Neighborhood:
sunvsunvalley
City:
Sun Valley
Listed Date:
Mar 17, 2025
State:
CA
ZIP:
91352
Lot Size:
25,280 sqft / 0.58 acres (approx)
Year Built:
1956
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Schools
Interior
Appliances
None
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Heating
Wall Furnace
Exterior
Community Features
Street Lights, Sidewalks
Fencing
Masonry, Wrought Iron
Garage Spaces
0.00
Lot Features
Sprinklers None
Parking Features
On Site
Parking Spots
22.00
Pool Features
None
Spa Features
None
View
None
Financial
Association Fee
0.00
Map
Community
- Address11329 Sherman Way Sun Valley CA
- AreaSUNV – Sun Valley
- CitySun Valley
- CountyLos Angeles
- Zip Code91352
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11329 Sherman Way
Sun Valley, CA
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