11329 SHERMAN WAY, SUN VALLEY CA 91352

  • 11,351 sq.ft.
  • 25,280 sq.ft. lot
offered at $3,500,000
MLS#:P1-21289
Status: Active // Property Type:
Project/Tract: Not Applicable // County: Los Angeles // Year Built: 1956

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.

Listing Courtesy of Casey Picard, Keller Williams Realty

Interior Features

Heating: Wall Furnace

Exterior Features

Exterior Features: Street Lights, Sidewalks
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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