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11329 Sherman Way, Sun Valley, CA 91352

Sun Valley
Local realty services provided by:CENTURY 21 Masters
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 azzi
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:1 day(s) ago
  • Updated:March 12, 2026 at 04:30 PM

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
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