$950,000
 $5,100 est/mo Sourced by Back At You

16805 Sherman Way,Lake Balboa, CA 91406

Lake Balboa, CA 91406

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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.

Details

MLS#SR25041364
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1948
Days On Site83
Listing Provided ByPark Regency Realty 818-363-6116 | Nelson Rodriguez

Features

SQ Feet2,272
Story(s)1
Units3
Building(s)3
ZoningLARD2
Acreage0.16
Property ViewNone

Market Activity 91406

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyLos Angeles
CityLake Balboa
Zip Code91406
AreaLKBL Lake Balboa
Listing VS Median (in 91406)
Price:
$950,000
low | high
Med:
$819,500
63.736842105263% of Average
SqFt:
2,272
low | high
Med:
1,356
90.316901408451% of Average
$ / SqFt:
$418
low | high
Med:
$604
5.464679397609% of Average
On site:
83
low | high
Med:
205.000000
40.487804878049% of Average
Sourced by Back At You
Listing Updated: April 28, 2025 at 5:05:27 PM PDT