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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.

Features
: No
: Wall/window Unit(s)
: No
1
1
: Inside
0
: Sidewalks, Urban
: Traditional
Additional Information
Park Regency Realty
0
F207018769
F0067001
Nelson
2226031009
: Standard
16.00
One
49

Multi-Family For Sale

16805 Sherman Way, Lake Balboa, California 91406

2,272 Sqft
$950,000
Listing ID #SR25041364
Basic Details
Status : Active
DaysOnMarket : 6
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : SR25041364
Price : $950,000
Living Area : 2,272 Sqft
Lot Size : 6,915 Sqft
Year Built : 1948
Country : US
State : California
County : Los Angeles
City : Lake Balboa
Zipcode : 91406
Price Per Square Foot : $418
ModificationTimestamp : 2025-02-26 06:49:00
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