REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,500,000
Est. payment | /mo
3 Beds
5 Baths
0.58 Acres Lot
$ 3,500,000
Est. payment | /mo
3 Beds
5 Baths
0.58 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-21289
Bedrooms 3
HOA Y/N No
Lot Size 0.580 Acres
Property Sub-Type Res Income 2-4 Units
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.
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.
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 Sun Valley (91352)
Zoning Assessor
Interior
Cooling Wall/Window
Building
Lot Description Sidewalks
Others
Acceptable Financing Cash
Space Rent $796
Listing Terms Cash

Listed by Casey Picard • Keller Williams Realty
GET MORE INFORMATION
QUICK SEARCH
- Homes For Sale in San Diego, CA
- Homes For Sale in Escondido, CA
- Homes For Sale in El Cajon, CA
- Homes For Sale in Carlsbad, CA
- Homes For Sale in La Jolla, CA
- Homes For Sale in San Marcos, CA
- Homes For Sale in Ramona, CA
- Homes For Sale in Encinitas, CA
- Homes For Sale in La Mesa, CA
- Homes For Sale in Santee, CA
- Homes For Sale in Poway, CA
- Homes For Sale in Pacific Beach, San Diego, CA
- Homes For Sale in Rancho Bernardo, San Diego, CA
- Homes For Sale in University City, San Diego, CA
- Homes For Sale in Alpine, CA
- Homes For Sale in Carmel Valley, San Diego, CA
- Homes For Sale in Clairemont Mesa East, San Diego, CA
- Homes For Sale in San Diego Country Estates, CA
- Homes For Sale in Mission Valley East, San Diego, CA
- Homes For Sale in Serra Mesa, San Diego, CA
- Homes For Sale in Rancho Penasquitos, San Diego, CA
- Homes For Sale in Tierrasanta, San Diego, CA
- Homes For Sale in Scripps Ranch, San Diego, CA
- Homes For Sale in Bay Park, San Diego, CA
- Homes For Sale in Golden Hill, San Diego, CA
- Homes For Sale in Bay Ho, San Diego, CA
- Homes For Sale in Allied Gardens, San Diego, CA
- Homes For Sale in Morena, San Diego, CA
- Homes For Sale in Normal Heights, San Diego, CA
- Homes For Sale in Clairemont Mesa West, San Diego, CA
- Homes For Sale in Talmadge, San Diego, CA
- Homes For Sale in Mission Valley West, San Diego, CA
- Homes For Sale in Del Cerro, San Diego, CA
- Homes For Sale in Sabre Springs, San Diego, CA
- Homes For Sale in Carmel Mountain, San Diego, CA
- Homes For Sale in StoneCrest Village, San Diego, CA
- Homes For Sale in Fairmont Park, San Diego, CA
- Homes For Sale in City Heights Park, San Diego, CA