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.
MLS# | SR25041364 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1948 |
Days On Site | 83 |
Listing Provided By | Park Regency Realty 818-363-6116 | Nelson Rodriguez |
SQ Feet | 2,272 |
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Story(s) | 1 |
Units | 3 |
Building(s) | 3 |
Zoning | LARD2 |
Acreage | 0.16 |
Property View | None |
State | CA |
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County | Los Angeles |
City | Lake Balboa |
Zip Code | 91406 |
Area | LKBL Lake Balboa |
Listing VS Median (in 91406) | |
Price: $950,000 low | high Med: $819,500 SqFt: 2,272 low | high Med: 1,356 $ / SqFt: $418 low | high Med: $604 On site: 83 low | high Med: 205.000000 |