11329 Sherman Way, Sun Valley (los Angeles), CA 91352
- 11,351 sqft
other 
Built in 1956 
0.58acre lot
—— car garage 
$308/sqft 
Listed 3 months ago
Property Description
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 capital expenditure needs. Additional amenities include ample on-site surface parking and on-site laundry facilities, providing convenience for residents and additional income potential. Located in the eastern San Fernando Valley, the property benefits from convenient access to Burbank, North Hollywood,
- Listing Status:
- Active
- Date Added:
- February 12, 2026
- Data Last Updated:
- May 20, 2026 at 2:09PM
- Listing Office:
- Tony Azzi : 310-909-5454
- Listing Agent:
- Tony Azzi : 310-909-5454
- MLS ID:
- CL26662809
- Originating MLS: CRMLS
- County: Los Angeles
- Zoning: LAR32315022010
- Source: CRMLS
This listing courtesy of Tony Azzi , Tony Azzi
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
