CA > Sun Valley
Sun Valley, CA 91352,11329 Sherman WAY
Sun Valley, CA 91352,11329 Sherman WAY
Sun Valley, CA 91352,11329 Sherman WAY
Sun Valley, CA 91352,11329 Sherman WAY
Sun Valley, CA 91352,11329 Sherman WAY
Sun Valley, CA 91352,11329 Sherman WAY
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Maria Olmos

Maria Olmos

+1(562) 824-6227
$ 3,500,000
Est. payment | /mo

0.58 Acres Lot

Save
$ 3,500,000
Est. payment | /mo
Save

0.58 Acres Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-21289

HOA Y/N No

Year Built 1956

Lot Size 0.580 Acres

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.

Location

State CA

County Los Angeles

Area Sunv - Sun Valley

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features On Site

Fence Masonry, Wrought Iron

Pool None

Community Features Street Lights, Sidewalks

View Y/N No

View None

Total Parking Spaces 22

Private Pool No

Building

Lot Description Sprinklers None

Others

Senior Community No

Tax ID 2315022010

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Casey Picard • Keller Williams Realty
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 824-6227

msolmos2@gmail.com

6201 E Bayshore Walk, Beach, CA, 90804, USA

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11329 Sherman WAY