11329 Sherman Way,Sun Valley, CA 91352
Sun Valley, CA 91352
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.
Details
| MLS# | P1-21289 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1956 |
| Days On Site | 41 |
| Listing Provided By | Keller Williams Realty (626) 204-3300 | Casey Picard |
Features
| SQ Feet | 11,351 |
|---|---|
| Units | 28 |
| Building(s) | 3 |
| Zoning | LAR3 |
| Acreage | 0.58 |
| Property View | None |
Market Activity 91352
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Sun Valley |
| Zip Code | 91352 |
| Area | SUNV Sun Valley |
| Community Name | Not Applicable |
| Listing VS Median (in Not Applicable) | |
Price: $3,500,000 low | high Med: $48,000 SqFt: 11,351 low | high Med: 10,597 $ / SqFt: $308 low | high Med: $5 On site: 41 low | high Med: 655.000000 | |