11329 Sherman Way
Sun Valley, CA 91352
12
Bed
0
Bath
11,351Sqft
25,278Sqft(Lot)
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 oper
Property Details
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Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 12Bathroom Information
Total Baths: 29 Full Baths: 0 Half Baths: 0
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Building Information
Year Built: 1956 Building Area Total: 11,351
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.5803 -
Lot Size Source: Other Lot Size Square Feet: 25278
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Listing Price Information
Original List Price: 3,495,000 Listing Contract Date: 2026-02-12 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 2315022010
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Garage and Parking
Garage Description: CarportHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: SUNV - Sun Valley Postal Code Plus 4: 4945 Directions: From 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. Zoning: LAR3 Source Property Type: Residential Income Area: SUNV - Sun Valley -
Building and Construction
Property Age: 70 Year Built Source: Vendor Enhanced Total Square Feet Living: 11351 Levels or Stories: One,Multi/Split Building Total Stories: 1
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 8618 La Tuna Canyon Road, Sun Valley, CA, 91352 | $699,996 | 3 | 2 | 1,544 | 1,544 SqFt |
| 9324 Elben Avenue, Sun Valley, CA, 91352 | $1,294,000 | 4 | 3 | 1,826 | 1,826 SqFt |
| 9144 Del Arroyo Drive, Sun Valley, CA, 91352 | $1,495,000 | 5 | 3 | 3,003 | 3,003 SqFt |
| 7971 Sangamon Avenue, Sun Valley, CA, 91352 | $1,550,000 | 4 | 2 | 2,160 | 2,160 SqFt |
| 10050 Olivia Ter, Sun Valley, CA, 91352 | $2,499,999 | 4 | 5 | 4,346 | 4,346 SqFt |
| 9970 Milano, Sun Valley, CA, 91352 | $1,198,000 | 3 | 2 | 1,254 | 1,254 SqFt |
| 10101 Lanark Street, Sun Valley, CA, 91352 | $1,399,000 | 3 | 2 | 1,556 | 1,556 SqFt |
| 8530 Vine Valley, Sun Valley, CA, 91352 | $1,750,000 | 3 | 2 | 2,547 | 2,547 SqFt |
| 8471 Vine Valley Drive, Sun Valley, CA, 91352 | $1,399,000 | 3 | 2 | 2,285 | 2,285 SqFt |
| 8504 Outland View, Sun Valley, CA, 91352 | $1,599,000 | 3 | 2 | 2,040 | 2,040 SqFt |
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ByOwner last updated this listing 06/11/2026 @ 16:23
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