16805 Sherman Way new Save Request In-Person Tour Request Virtual Tour
Lake Balboa,CA 91406
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25041364
Year Built 1948
Lot Size 6,912 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
Zoning LARD2
Interior
Cooling Wall/Window Unit(s)
Flooring Laminate
Laundry Inside
Exterior
Parking Features Concrete,Uncovered
Pool None
Community Features Sidewalks,Urban
Utilities Available Sewer Available
View Y/N No
View None
Roof Type Composition
Building
Lot Description Corner Lot,Rectangular Lot
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard