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11329 Sherman Way, Sun Valley, CA 91352

Sun Valley
Local realty services provided by:CENTURY 21 Classic Estates
11329 Sherman Way,Sun Valley, CA 91352
$3,495,000
  • 12 Beds
  • 29 Baths
  • 11,351 sq. ft.
  • Multi-family
  • Active
Listed by: tony azzi
Office: tony azzi310-909-5454
MLS#:26662809
Source:CRMLS

Price summary

  • Price:$3,495,000
  • Price per sq. ft.:$307.9

About this home

Sherman Way Palace & Bakman Palms present a 28-unit multifamily investment opportunity across two adjacent parcels in Sun Valley. The offering includes a separately parceled fourplex (Bakman Ave), allowing for operational efficiencies through shared management while maintaining flexibility for future financing, refinancing, or potential individual disposition. Built in 19551956, the property totals approximately 11,351 square feet of improvements on a combined 25,278 SF lot and is zoned LAR3. The unit mix consists of (9) bachelor units, (8) studios, (10) one-bedroom/one-bath units, and (1) two-bedroom/two-bath unit, supporting broad tenant demand and stable occupancy. The asset offers strong in-place income with significant value-add potential, driven by mark-to-market rent growth and operational efficiencies. Ownership has completed multiple capital improvements, including copper plumbing, new windows, stone siding, fresh exterior paint, and gated entry, helping reduce near-term...

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Home facts

  • Year built:1956
  • Listing ID #:26662809
  • Added:141 day(s) ago
  • Updated:July 31, 2026 at 11:07 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:29
  • Living area:11,351 sq. ft.

Structure and exterior

  • Year built:1956
  • Building area:11,351 sq. ft.
  • Lot area:0.58 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$3,495,000
  • Price per sq. ft.:$307.9

Parking

  • Total parking spaces:22
  • Parking description:Carport
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Classic Estates is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Classic Estates, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Sol Almarines

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