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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.
Last Updated | 3/17/2025 | Tract | Not Applicable |
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Year Built | 1956 | Community | Sun Valley |
County | Los Angeles |
Additional Details
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | Sun Valley |
GARAGE | On Site |
HEAT | Wall Furnace |
HOA DUES | 0 |
LOT | 0.58 acre(s) |
LOT DESCRIPTION | Sprinklers None |
PARKING | On Site |
POOL DESCRIPTION | None |
SUBDIVISION | Not Applicable |
VIEW DESCRIPTION | None |
ZONING | LAR3 |
Location
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