11153 Sherman Way, Sun Valley, California 91352, Sun Valley, 91352 - 8 bed, 4 bath
ACTIVE$1,249,000
11153 Sherman Way, Sun Valley, California 91352
8Beds
4Baths
3,300Sqft
6,001Lot
Year Built
1955
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$378
HOA
-
Days on market
-
Sold On
-
MLS number
SR24182425
Home ConditionPoor
Features
View-
About this home
We found 2 Cons,3 Pros. Rank: price - $1.25M(50th), sqft - 3300(50th), beds - 8(75th), baths - 4(75th).
4-Unit Apartment Building. Tenant-occupied property with strong rental potential. Needs some TLC, but offers great opportunity for investment or renovation. Act fast to capitalize on this income-generating asset.
Nearby schools
4/10
Camellia Avenue Elementary School
Public,•K-5•0.5mi
2/10
Arminta Street Elementary School
Public,•K-5•1.1mi
5/10
Roscoe Elementary School
Public,•K-5•1.1mi
2/10
Julie Korenstein Elementary School
Public,•K-5 & ungraded•1.3mi
3/10
Julie Korenstein Elementary School
Public,•K-5•1.3mi
4/10
Glenwood Elementary School
Public,•K-5•1.4mi
5/10
Bellingham Elementary School
Public,•K-5•1.5mi
5/10
Strathern Street Elementary School
Public,•K-5•1.7mi
8/10
Providencia Elementary School
Public,•K-5•1.9mi
5/10
Coldwater Canyon Elementary School
Public,•K-5•2.3mi
3/10
Fernangeles Elementary School
Public,•K-5•2.3mi
3/10
Saticoy Elementary School
Public,•K-5•2.5mi
4/10
Vinedale Elementary School
Public,•K-5•2.6mi
5/10
Stonehurst Avenue Elementary School
Public,•K-5•3.3mi
5/10
Ranchito Avenue Elementary School
Public,•K-5•3.6mi
5/10
Hazeltine Avenue Elementary School
Public,•K-5•3.7mi
8/10
Vena Avenue Elementary School
Public,•K-5•3.8mi
4/10
Canterbury Avenue Elementary School
Public,•K-5•3.8mi
6/10
Canterbury Avenue Elementary School
Public,•K-5•3.8mi
4/10
Roy Romer Middle School
Public,•6-8•1.5mi
6/10
Luther Burbank Middle School
Public,•6-8•1.9mi
4/10
Richard E. Byrd Middle School
Public,•6-8•2.3mi
5/10
James Madison Middle School
Public,•6-8•2.4mi
5/10
Sun Valley Engineering And Technology Magnet
Public,•6-12•0.2mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,•7-12•2.1mi
3/10
East Valley Senior High School
Public,•9-12•2.1mi
6/10
John H. Francis Polytechnic
Public,•9-12•2.2mi
8/10
North Hollywood Senior High School
Public,•9-12•2.6mi
3/10
Sun Valley High School
Public,•9-12•2.7mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•2.9mi
8/10
Burbank High School
Public,•9-12•3.5mi
6/10
Van Nuys Senior High School
Public,•9-12•4.7mi
Condition Rating
Poor
The property was built in 1955 and the listing description mentions it needs 'some TLC'. The images show outdated kitchens and bathrooms with old appliances and fixtures. The overall condition suggests substantial repairs and rehabilitation are required, placing it in the 'poor' category.
Pros & Cons
Pros
Income Potential: Tenant-occupied 4-unit apartment building provides immediate income generation.
Investment Opportunity: Presents a strong investment opportunity in the Sun Valley area.
Renovation Potential: Offers significant potential for renovation and value appreciation.
Cons
Needs TLC: The property requires some 'TLC', suggesting potential repair or upgrade costs.
Older Building: Built in 1955, the property may have outdated systems or require modernization.