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16805 Sherman Way Lake Balboa, CA 91406
$950,000 0 beds, 0 baths
0 sqft
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Agent Remarks

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.

Listing Details

Property type: Triplex (Multi-Family)
Status: Active
MLS# SR25041364
List price is $950,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1948
1 story
0.16 acres
Lot size: 0.1587
County: Los Angeles
Property style: Traditional
Zoning: LARD2
Construction: Stucco
Interior features: Ceiling Fan(s),Crown Molding,All Bedrooms Down
Parking description: Concrete,Uncovered
Lot description: Corner Lot,Rectangular Lot
Heating/cooling: Wall/Window Unit(s)
MLS area: LKBL - Lake Balboa

Last Updated: 4/28/2025

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This listing belongs to the LKBL - Lake Balboa MLS area

The style of this listing is Traditional.
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Lat/Long: 34.201525, -118.499103.
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Listing Agent: Nelson Rodriguez
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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