Properties

Sun Valley, CA 91352 11329 Sherman Way

11329 Sherman Way Sun Valley, CA - Image 111329 Sherman Way Sun Valley, CA - Image 211329 Sherman Way Sun Valley, CA - Image 3
22 more
11329 Sherman Way Sun Valley, CA - Image 411329 Sherman Way Sun Valley, CA - Image 511329 Sherman Way Sun Valley, CA - Image 611329 Sherman Way Sun Valley, CA - Image 711329 Sherman Way Sun Valley, CA - Image 811329 Sherman Way Sun Valley, CA - Image 911329 Sherman Way Sun Valley, CA - Image 1011329 Sherman Way Sun Valley, CA - Image 1111329 Sherman Way Sun Valley, CA - Image 1211329 Sherman Way Sun Valley, CA - Image 1311329 Sherman Way Sun Valley, CA - Image 1411329 Sherman Way Sun Valley, CA - Image 1511329 Sherman Way Sun Valley, CA - Image 1611329 Sherman Way Sun Valley, CA - Image 1711329 Sherman Way Sun Valley, CA - Image 1811329 Sherman Way Sun Valley, CA - Image 1911329 Sherman Way Sun Valley, CA - Image 2011329 Sherman Way Sun Valley, CA - Image 2111329 Sherman Way Sun Valley, CA - Image 2211329 Sherman Way Sun Valley, CA - Image 2311329 Sherman Way Sun Valley, CA - Image 2411329 Sherman Way Sun Valley, CA - Image 2511329 Sherman Way Sun Valley, CA - Image 26
Presented By: Tony Azzi with Tony Azzi;
  • MLS# 26662809
  • 02/12/2026
  • Get pre-approved
  • Request Tour
  • Request Info
  • Beds • 12
  • Baths • 9
  • SQFT • 11,351

Home Details

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, Panorama City, and Downtown Los Angeles, as well as proximity to Hollywood Burbank Airport, Interstate 5, and State Route 170, supporting strong workforce housing demand and long-term rental stability.
Presented By: Tony Azzi with Tony Azzi;

Interior Features for 11329 Sherman Way

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths29

Other Interior Features

LivingAreaSourceOther
Total Stories2

General for 11329 Sherman Way

Cap Rate5.39
Carport Y/NYes
CitySun Valley
CountyLos Angeles
DirectionsFrom Interstate 5, exit onto Sherman Way and head west toward the Sun Valley area. Continue along Sherman Way for approximately one mile. The property is located near the intersection of Sherman Way and Bakman Avenue, with convenient access from both streets. Street parking is available nearby.
Full Baths
Gross Income366085
HOANo
LevelsOne, MultiSplit
Living Area11351
Lot Size Square Feet25278
Lot Size UnitsSquareFeet
MLS AreaSUNV - Sun Valley
Net Operating Income188543
New ConstructionNo
Number Of Units Total28
PostalCitySUN VALLEY
Property TypeResidentialIncome
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Year Built1956
ZoningLAR3

Exterior for 11329 Sherman Way

Building Area Total11351
Lot Size Acres0.5803
Lot Size Area25278
Lot Size SourceOther
Number of Buildings2
Parking FeaturesCarport
Total Parking22

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $3,495,000
MLS#26662809
List Date 02/12/2026
Property Type Single Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to 11329 Sherman Way

Contact Us

info@connectrealty.com
2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
  • This field is for validation purposes and should be left unchanged.