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6-Unit Apartment Building
For Sale
Contact for pricing
Pending

11487 Sherman Way, Los Angeles, CA 91605

Six-unit property offers uniform two-bedroom, one-bath layouts, gated parking, and updated interiors.

Property SizeContact for details
Days on Market143

Property Features for 11487 Sherman Way

General Information

Standard status Pending
Total Parking Spaces 6
Property subtype Multifamily

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Additional Details

Highway Access Yes

Building Details

Buildings 1
Listing Agency: HOME TEAM REALTY
Listed By: Shawn Mehrannia · License #CA 01874025
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HOME TEAM REALTY

Investment Insights

Based on property information with market context.

This six-unit apartment property features a consistent unit mix, with every residence configured as a two-bedroom, one-bath apartment. Flooring and bathrooms in all units were updated several years ago, while the building also received copper plumbing and roof updates. The property sits on a corner lot and includes six enclosed, gated parking spaces.

The location provides access to nearby recreation areas, shopping centers, and freeways. All tenants are current on rent, adding established occupancy to the existing apartment configuration. The combination of uniform layouts, building improvements, and secured on-site parking provides a straightforward multifamily asset for evaluation.

Key Highlights

  • 6 units, each configured with 2 bedrooms and 1 bathroom
  • 6 enclosed and gated parking spaces
  • Corner‑lot property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,033
Businesses Nearby

Demographics for 91605, CA

54,341
Population
17,206
Households
3.2
Avg Household Size
36
Median Age
22%
College-Educated
71%
High-School Grad
5.4 sq mi
ZIP Area
10,063
Density / Sq Mi
$64,539
Median Household Income
$32,751
Median Earnings
$1,736
Median Rent
$729,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit property offers uniform two-bedroom, one-bath layouts, gated parking, and updated interiors.
Where is this apartment building located?
The property is located at 11487 Sherman Way Los Angeles, CA.
What are key features of this property?
This property features: 6 units, each configured with 2 bedrooms and 1 bathroom; 6 enclosed and gated parking spaces; Corner‑lot property
(213) 804-7177 Call to check price and availability
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