16805 Sherman Way, Van Nuys, CA 91406
Local realty services provided by:ERA North Orange County Real Estate



16805 Sherman Way,Van Nuys, CA 91406
$875,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:nelson rodriguez
Office:park regency realty
MLS#:SR25041364
Source:CAREIL
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 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. 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 amenities and activities. Call now for all the details and I’ll gladly arrange a private tour.
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Home facts
- Year built:1948
- Listing Id #:SR25041364
- Added:99 day(s) ago
- Updated:August 17, 2025 at 04:12 PM
Heating and cooling
- Cooling:Window/Wall Unit
Structure and exterior
- Roof:Composition
- Year built:1948
- Lot area:0.16 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$875,000
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