#SB25031439, Ryan Bunke, Listing Office: DOMO Real Estate

11329 Sherman Way Sun Valley, CA 91352
Property details
About 11329 Sherman Way
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.
Highlights
Summary
- Fireplace: None
- Private Pool: No
- Parking: On Site
- Heating: Wall Furnace
- Cooling: Wall/Window Unit(s)
- List Price: $3,500,000
- Annual Tax Amount: $21,086
- Tax Year: 2024
- Directions: Located on Sherman Way and Bakman Avenue
- Year Built: 1956
- Lot Size: 0.5803 Acres
- MLS Number: P1-21289
- MLS Name: CRMLS
- Office Name: Keller Williams Realty
- Office Phone: (626) 204-3300
- Office Email: KLRW457@KW.COM
- Listing Agent: Casey Picard
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 11:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,500,000
11329 Sherman Way
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Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 29, 1998 | Home Sold | $410,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,490,985 | $21,086 |
2023 | $1,461,751 | $20,690 |
2022 | $1,433,090 | $19,766 |
2021 | $1,404,991 | $19,474 |
2020 | $1,390,585 | $18,917 |
2019 | $1,363,319 | $18,492 |
2018 | $1,336,588 | $18,055 |
2017 | $1,310,382 | $18,055 |
History based on county public records data.
Nearby schools
5
Isana Cardinal Academy
Public Charter KG-5
0.2 mi
•7330 Bakman Ave
2
Camellia Avenue Elementary School
Public District KG-5
0.4 mi
•7451 Camellia Ave
5
Fair Avenue School
Public District KG-5
0.8 mi
•6501 Fair Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,143. Residents of Sun Valley, CA typically earn less than $<35k each year. Typical family type is married, with kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 11329 Sherman Way
The listing price of 11329 Sherman Way property is $3,500,000.
The property 11329 Sherman Way is a house located in Sun Valley, California, 91352.
Active Listing: 11329 Sherman Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 11329 Sherman Way are: Isana Cardinal Academy (GreatSchools Rating 5/10), Camellia Avenue Elementary School (GreatSchools Rating 2/10), Fair Avenue School (GreatSchools Rating 5/10), Sun Valley Magnet (GreatSchools Rating 4/10), Roy Romer Middle School (GreatSchools Rating 4/10), Isana Palmati Academy (GreatSchools Rating 6/10), Francis Polytechnic Senior High School (GreatSchools Rating 6/10), Science Academy STEM Magnet (GreatSchools Rating 9/10), East Valley High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $21,086 (source: MLS/based on county public records data).
The last sale was on December 29, 1998 for $410,000 (source: MLS/tax record).
The property at 11329 Sherman Way has 0 bathroom.
The year of construction for 11329 Sherman Way is 1956.
This home is located at 11329 Sherman Way in Sun Valley, CA and zip code 91352 in the The San Fernando Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 17, 2025 and is currently priced at $3,500,000.
Over 395 listings were sold over their listed price in April 2025 in Sun Valley, CA. In the same period over 328 listings were sold below the listed price and 148 listings were sold for the listed price. The number of listings in Sun Valley, CA increased by 10.2% between March and April 2025. While the average time on the market in April 2025 was 36 days, the median list price was $896,516.