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$ 3,500,000
Est. payment | /mo
3 Beds
5 Baths
$ 3,500,000
Est. payment | /mo
3 Beds
5 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-21289
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property Description
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.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Located on Sherman Way and Bakman Avenue
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Others
Tax ID 2315022010
Listed by Casey Picard Keller Williams Realty