$3,500,000

11329 Sherman Way Sun Valley, CA 91352

0.6 acres
House

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

Home typeOther
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Lot size0.5803 Acres
Year built1956
ParkingOn Site
MLS #P1-21289

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

IDX 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.

Get an agent. Get a mortgage. Save big.¹

view of street featuring curbs and street lighting

$3,500,000

11329 Sherman Way

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 29, 1998
Home Sold
$410,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

43%
<35k
43%
35k-100k
12%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

19%
Single, No Kids
23%
Single, with Kids
15%
Married, No Kids
43%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
12%
12-17 yrs old
28%
18-34 yrs old
34%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

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.

From Rocket Homes Real Estate and based on county public records data.

More resources