5
See all 5 photos
$950,000
Est. payment /mo
6,915 Sqft Lot
Active
16805 Sherman WAY Lake Balboa, CA 91406
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UPDATED:
02/26/2025 01:54 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25041364
Style Traditional
Originating Board California Regional MLS
Year Built 1948
Lot Size 6,915 Sqft
Property Sub-Type Triplex
Property Description
Attention Astute Investors! This wonderful Tri-Plex is located in a great Lake Balboa neighborhood, and at this competitive price point it's a great investment opportunity for any investor or developer. It has a Sherman Way address but all entrances are on Forbes Avenue. The units consist of one 2 bedroom, 1 bath unit, and two 1 bedroom, 1 bath units. Each unit has a dedicated off street parking space. Landlord pays for water, tenants pay for gas and electricity. It has a total of 2,272 square feet of living space. Zoned LARD2. Sweeping 6,915 square foot corner lot. Property has a high Walk Score® of 71; Meaning the location is Very Walkable so most errands can be accomplished on foot. Close to restaurants, grocery stores, and a very short drive to the 405 freeway and Lake Balboa Park with its boating lake, golf course, and comprehensive sport amenities and activities. Call now for all the details and I'll gladly arrange a private tour.
Location
State CA
County Los Angeles
Area Lkbl - Lake Balboa
Interior
Cooling Window / Wall Unit
Flooring Laminate
Laundry Other
Exterior
Parking Features Other, Uncovered Parking
Garage Spaces 3.0
Pool 31, None
View None
Roof Type Composition
Building
Story One Story
Foundation Raised
Water District - Public
Architectural Style Traditional
Others
Tax ID 2226031009
Special Listing Condition Not Applicable
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Listed by Nelson Rodriguez • Park Regency Realty