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11329 Sherman Way

Sun Valley, CA 91352

– beds
– baths
– sqft
~1/2 acre lot
1956 build
– on site

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.

Listed By CRMLS_CA / Casey Picard / Keller Williams Realty

Last checked: Checking… • Last updated Mar 17, 2025 •

MLS# P1-21289 —

The Building

Year Built:

1956
Year Built Source:

Assessor
Building Area Total:

11351.00
Total Number Of Units:

28
# of Buildings:

3
Common Walls:

No Common Walls
# of Separate Gas Meters:

13
# of Separate Water Meters:

2
# of Separate Electric Meters:

13

Interior

Fireplace:

No
Fireplace:

None
Laundry:

Community
Laundry:

1

Location

Directions:

Located on Sherman Way and Bakman Avenue
Latitude:

34.20151000
Longitude:

-118.37824400

The Property

Property Type:

Residential Income
Zoning:

LAR3
Lot Features:

Sprinklers None
Lot Size Area:

25280.0000
Lot Size Acres:

0.5803
Lot Size SqFt:

25280.00
View:

None
Fencing:

Masonry, Wrought Iron
Fence:

Yes
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Tract:

22883
Tax Tract:

123...
Tax Lot:

10

The Listing

Special Listing Conditions:

Standard
Parcel Number:

2315022010

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Appliances

Appliances:

None
Included:

No

The Community

Subdivision:

Not Applicable
Subdivision:

Not Applicable
Features:

Street Lights, Sidewalks
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

On Site
Parking Spaces:

22.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/17/25 Mar 17, 2025	Listed / Active	CRMLS_CA	$3,500,000

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This multifamily located in North Valley, Los Angeles, CA 91352 is currently for sale for $3,500,000. 11329 Sherman Way is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 11329 Sherman Way is in the North Valley neighborhood of Los Angeles and has a WalkScore® of 72, making it very walkable.

Listing Courtesy of: CRMLS_CA and Keller Williams Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 11:29 on Mar 17.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.