11329 Sherman Way
Sun Valley, CA, 91352
$3,500,000
Beds
0 Baths
SqFt
0.58 Acres
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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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11329 Sherman Way
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