11147 Sherman Way

Description

This Sun Valley 4-plex presents an excellent investment opportunity with significant upside potential, including the possibility to add an ADU. Each unit features 2 bedrooms, 1 bathroom, and 800 square feet of living space. The property is upgraded with copper plumbing and dual-pane vinyl windows. With long-term tenants in place, along with a freshly painted exterior and new synthetic grass, the complex offers both curb appeal and stable income potential. The units are fully occupied. This property is under rent control. The the monthly rental income is $3910. The monthly expenses are $1,536. Each tenant pays their own electricity, gas and hot water.

Listing information courtesy of: Rick Sauer, eXp Realty of Southern CA 858-414-0977. *Based on information from the Association of REALTORS/Multiple Listing as of 02/13/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.