Lake Balboa, CA 91406,16805 Sherman Way
Lake Balboa, CA 91406,16805 Sherman Way
Lake Balboa, CA 91406,16805 Sherman Way
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$950,000
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6,912 Sqft Lot
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16805 Sherman Way Lake Balboa, CA 91406

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Jason Tomei

Jason Tomei

Simply Vegas

+1(702) 802-8142

UPDATED:

02/26/2025 02:50 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25041364

HOA Y/N No

Year Built 1948

Lot Size 6,912 Sqft

Lot Dimensions Assessor

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

Interior Features Ceiling Fan(s), Crown Molding, All Bedrooms Down

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplace No

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

Total Parking Spaces 3

Private Pool No

Building

Lot Description Corner Lot, Rectangular Lot

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2226031009

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Nelson Rodriguez • Park Regency Realty • 818-645-3077

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agent

Jason Tomei

Agent | RE.S.0176035

+1(702) 802-8142

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16805 Sherman Way