Keller Williams Hollywood Hills - Josana Joseph
1/9
Listed By: Keller Williams Realty, Casey Picard
Local Realty Services Provided By: Keller Williams Realty Studio City
Overview
What It'll Cost
Neighborhood
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$3,500,000
11329 Sherman Way, Sun Valley, CA 91352
11,351 sq ft
.58 ac
$3,500,000

11329 Sherman Way, Sun Valley, CA 91352

Estimation provided by Keller Williams Realty Inc.
11,351 sq ft
.58 ac
Active
For Sale

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.

Property Details

Compare This Home
Overview
Property Type
Residential Income
Property Size
11,351 sq ft
Year Built
1956
Days on Site
8 Days
HVAC
Wall/Window Unit(s), Wall Furnace
Parking
22 Parking Spaces
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

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Purchase Price: $3,500,000
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Price & Tax History

Date
Event
Price
03/16/2025
Listed
$3,500,000
(+115.38%)
06/29/2012
Sold
$1,625,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$20,690
(+4.67%)
$1,461,751
Land 1,006,066 + Additions 455,685
2022
$19,767
(+1.5%)
$1,404,991
Land 967,000 + Additions 437,991
2021
$19,475
(+2.95%)
$1,404,991
Land 967,000 + Additions 437,991
2019
$18,918
(+4.78%)
$1,390,585
Land 957,085 + Additions 433,500
2017
$18,056
$1,336,588
Land 919,921 + Additions 416,667
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551

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