$950,000
For Sale

16805 Sherman Way

Lake Balboa, CA 91406
0.16 acres | #SR25041364
Listing OfficePark Regency Realty
Browse 5 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

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.

  • Property Details
      • InteriorCeilingFans, CrownMolding, AllBedroomsDown
      • Lot DescriptionCornerLot, RectangularLot
      • Utility FeaturesSewerAvailable
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • MLS #SR25041364
      • MLS #SR25041364
      • Original List Price$950,000
      • Property SubtypeTriplex
      • Acres0.1587
      • FoundationRaised
      • Utility SourcePublic
      • Cost950000
      • Year Built1948
      • Stories1

Location

George Cordova | EXP REALTY OF CALIFORNIA INCReal Estate Group

Interested in Purchasing 16805 Sherman Way?

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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