11153 Sherman Way - Multi-Family FOR SALE


Sun Valley, CA 91352
$1,190,000 USD
818-203-5471
11153 Sherman Way, Sun Valley, CA for Sale
$1,190,000 USD
Multi-Family - FOR SALE
1/8
null | 3.47% Cap Rate

11153 Sherman Way
Sun Valley, CA 91352


OVERVIEW

Excellent Four-Unit Investment Opportunity in Sun Valley, Bordering North Hollywood Offering an excellent opportunity for investors and owner users, this well-positioned four-unit multifamily property is ideally located in Sun Valley, bordering North Hollywood. The property features four spacious 2-bedroom, 1-bathroom units, making it an attractive asset with desirable unit sizes and strong rental appeal. The building is well maintained and recently updated, including fresh exterior and interior improvements and dual-pane windows that enhance energy efficiency and overall tenant comfort. Each unit is individually metered for gas and electricity, while the owner pays for water, helping provide greater control over operating expenses. Additional property features include a detached four-car covered garage, providing valuable off-street parking, and a common-area laundry facility for tenant convenience. With desirable 2-bedroom units, separate utility metering, covered garage parking, laundry facilities, and recent improvements, this property represents an excellent opportunity to acquire a solid income-producing multifamily asset in the San Fernando Valley.

FOR SALE DETAILS

PRICE

$1,190,000 USD

PRICE/SF

$361 USD /SF

# OF UNITS

4

PRICE/UNIT

$297,500

CAP RATE

3.47%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,001 SF

ZONING

-

APN/PARCEL ID

2315-028-010

ASK ABOUT THIS PROPERTY

Vahik BeglarianColdwell Banker Hallmark RealtyMore Info
818-203-5471

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Vahik BeglarianColdwell Banker Hallmark RealtyMore Info
818-203-5471

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.