11329 Sherman Way, Sun Valley, CA 91352

  • $3,500,000
11329 Sherman Way, Sun Valley, CA 91352
Active
11329 Sherman Way, Sun Valley, CA 91352
11329 Sherman Way, Sun Valley, CA 91352
  • $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.

  • Address 11329 Sherman Way
  • State/county CA
  • Zip/Postal Code 91352
  • Area Not Applicable

Details

Updated on March 17, 2025 at 2:21 pm
  • Property ID: P1-21289
  • Price: $3,500,000
  • Property Size: 11351
  • Land Area: 0.5803 Acres
  • Garage Size: x x
  • Year Built: 1956
  • Property Type: Residential Income
  • Property Status: Active

Contact Information

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  • Hoyt Hochman