16805 Sherman Way, Lake Balboa, CA 91406

Local realty services provided by:ERA Donahoe Realty
#1#2#3
16805 Sherman Way,Lake Balboa, CA 91406
$875,000
  • 4 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:nelson rodriguez
Office:park regency realty
MLS#:SR25041364
Source:SANDICOR

Price summary

  • Price:$875,000

About this home

PRICE REDUCTION!!! Attention Astute Investors! This wonderful Tri-Plex is located in a great Lake Balboa neighborhood, and at this competitive price point its 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. A NEW ROOF HAS BEEN INSTALLED in the three units. NEW PAINT INSIDE VACATED UNIT AND OTHER UPDATES IN THE OCCUPIED 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

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Home facts

  • Listing Id #:SR25041364
  • Added:174 day(s) ago
  • Updated:August 19, 2025 at 01:46 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3

Heating and cooling

  • Cooling:Wall/Window

Structure and exterior

  • Roof:Composition

Finances and disclosures

  • Price:$875,000
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