16805 Sherman Way, Lake Balboa, CA 91406 - MLS#SR25041364

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Nicole Hazelton

[email protected] +1(619) 206-1892

$950,000

Est. payment - /mo

4 Beds

3 Baths

6,915 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25041364

Bedrooms 4

HOA Y/N No

Lot Size 6,915 Sqft

Lot Dimensions 6915

Property Sub-Type Res Income 2-4 Units

Property Description

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. 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 Ill gladly arrange a private tour.
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. 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 Ill gladly arrange a private tour.

Location

State CA

County Los Angeles

Area Van Nuys (91406)

Zoning Assessor

Interior

Cooling Wall/Window

Exterior

Exterior Feature Stucco

Roof Type Composition

Building

Lot Description Corner Lot, Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $1,583

Listing Terms Cash, Conventional

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Listed by Nelson Rodriguez • Park Regency Realty

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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16805 Sherman Way Lake Balboa, CA 91406

Nicole Hazelton

Key Details

Location

Interior

Exterior

Building

Others

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