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  • 11329 Sherman Way

11329 Sherman Way, Sun Valley, CA 91352

$3,495,000 Approx. USD 12 beds, 29 baths
11,351 sqft
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Photo of Dona Aumann

Dona Aumann REALTOR® - Sales Associate 858-752-7531 m
858-729-1094 o
Lic#: 01898410
NRDS ID: 196550369
daumann@bhhscal.com Text Me
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Lic#: 01898410
NRDS ID: 196550369
daumann@bhhscal.com La Jolla Prospect Office
1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
Phone: 858-459-0501
Fax: 858-459-3275
 La Jolla Prospect 1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
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Fax: 858-459-3275
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Listing Agent


Tony Azzi | tazzi@theazzigroup.com
Lic#: 00910513
Broker: Courtesy of Tony Azzi
Phone: 310-909-5454

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26662809
Price: $3,495,000
Beds: 12
Baths: 29
Built in 1956
11,351 sqft
1 story
0.58 acres
Lot size: 0.5803
County: Los Angeles
Zoning: LAR3
Parking description: Carport
MLS area: SUNV - Sun Valley

Last Updated: 6/10/2026

 Days On Market (DOM): 128

 Find more Sun Valley homes and real estate

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This listing belongs to the SUNV - Sun Valley MLS area

Lat/Long: 34.201538, -118.378233.
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Source: CRM. Also Available in P1-21289,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Dona Aumann

Dona Aumann REALTOR® - Sales Associate 858-752-7531 m
858-729-1094 o
Lic#: 01898410
NRDS ID: 196550369
daumann@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 01898410
NRDS ID: 196550369
daumann@bhhscal.com
La Jolla Prospect Office
1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
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