Property Details
About this Property
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 Listing Information
MLS #
CRSR25041364
MLS Source
California Regional MLS
Days on Site
63
Interior Features
Appliances
Other
Flooring
Laminate
Cooling
Window/Wall Unit
Exterior Features
Roof
Composition
Foundation
Raised
Pool
None
Style
Traditional
Parking, School, and Other Information
Garage/Parking
Other, Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | 3 |
School Ratings
Nearby Schools
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
16805 Sherman Way is a Triplex in Lake Balboa, CA 91406. This – square foot property sits on a 6,915 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $950,000 and was built in 1948. This address can also be written as 16805 Sherman Way, Lake Balboa, CA 91406.
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This listing information is up-to-date as of March 18, 2025. For the most current information, please contact Nelson Rodriguez
