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
: Wall/window Unit(s)
: Laminate
: Inside
: Other, Corner Lot
: Other, Uncovered Parking Space
: Composition
Address Map
CA
Los Angeles
Los Angeles
91406
16805 Sherman Way
0
W119° 30' 3''
N34° 12' 4.9''
East of Balboa Blvd, and Sherman Way St.
MLS Addon
Park Regency Realty
Nelson Rodriguez
nelsonrodriguez@parkregency.com
: Stucco
CR267099
CR26368
: Public

Residential Income For Sale

16805 Sherman Way, Los Angeles, California 91406

2,272 Sqft
$950,000
Listing ID #CRSR25041364
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : CRSR25041364
Price : $950,000
Square Footage : 2,272 Sqft
Year Built : 1948
Lot Area : 6,915 Sqft
Status : Active
Property SubType : Triplex
Agent info
Michael Roberts
Contact Agent