Silva Babaian Realtor, Real Estate Agent, Granada Hills, CA
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    2412 Bryan Avenue
    35435 Twin Willow Road
    1017 Alfred Street
    11329 Sherman Way, Sun Valley, CA 91352
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    4. 11329 Sherman Way, Sun Valley, CA 91352
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    11329 Sherman Way
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    • MLS#: P1-21289 ( )
    • Street Address: 11329 Sherman Way
    • Viewed: 2
    • Price: $3,500,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1956
    • Bldg sqft: 0
    • Days On Market: 14
    • Additional Information
    • County: LOS ANGELES
    • City: Sun Valley
    • Zipcode: 91352
    • Subdivision: Not Applicable
    • Provided by: Keller Williams Realty
    • Contact: Casey Casey
    • California Regional MLS IDX
    • DMCA Notice
    • 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.
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    Property Location and Similar Properties
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    Features
    Appliances
    1. None
    Assessments
    1. None
    Association Fee
    1. 0.00
    Building Area Total
    1. 11351.00
    Common Walls
    1. No Common Walls
    Cooling
    1. Wall/Window Unit(s)
    Electric Expense
    1. 0.00
    Fencing
    1. Masonry
    2. Wrought Iron
    Fireplace Features
    1. None
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 0.00
    Gardner Expense
    1. 1800.00
    Heating
    1. Wall Furnace
    Insurance Expense
    1. 19976.00
    Laundry Features
    1. Community
    Lockboxtype
    1. None
    Lot Features
    1. Sprinklers None
    Netoperatingincome
    1. 175063.00
    Newtaxesexpense
    1. 43750.00
    Number Of Separate Electric Meters
    1. 13
    Number Of Separate Gas Meters
    1. 13
    Otherexpense
    1. 12000.00
    Otherexpensedescription
    1. On-Site Manager
    Parcel Number
    1. 2315022010
    Parking Features
    1. On Site
    Pest Control Expense
    1. 1200.00
    Pool Features
    1. None
    Postalcodeplus4
    1. 4945
    Professionalmanagementexpense
    1. 13601.00
    Sourcesystemid
    1. 2025031713444300179400...
    Sourcesystemkey
    1. 20250317134443001794000000:CRF
    Spa Features
    1. None
    Subdivision Name Other
    1. Not Applicable
    Totalexpenses
    1. 164972.00
    Trash Expense
    1. 11292.00
    View
    1. None
    Water Sewer Expense
    1. 47353.00
    Year Built
    1. 1956
    Year Built Source
    1. Assessor
    Zoning
    1. LAR3
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    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836