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16805 Sherman Way

Lake Balboa, CA 91406

– beds
– baths
– sqft
6,915 sqft lot
1948 build
– on site

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.

Listed By CRMLS_CA / Nelson Rodriguez / Park Regency Realty / 818-645-3077

Last checked: Checking… • Last updated Mar 18, 2025 •

MLS# SR25041364 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1948
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco
Building Area Total:

2272.00
Building Area Units:

Square Feet
Total Number Of Units:

3
# of Buildings:

3
Architectural Style:

Traditional
Roof:

Composition
Foundation:

Raised
Stories Total:

1
Entry Level:

1
Common Walls:

1 Common Wall

Interior

Features:

Ceiling Fan(s), Crown Molding
Levels:

One
Entry Location:

1
Flooring:

Laminate
Room Type:

All Bedrooms Down, Living Room
Laundry:

Inside
Laundry:

1

Location

Directions:

East of Balboa Blvd, and Sherman Way St.
Latitude:

34.20152500
Longitude:

-118.49910300

The Property

Property Type:

Residential Income
Subtype:

Triplex
Zoning:

LARD2
Lot Features:

Corner Lot, Lot 6500-9999, Rectangular Lot
Lot Size Area:

6915.0000
Lot Size Dimensions:

6915
Lot Size Acres:

0.1587
Lot Size SqFt:

6915.00
Lot Size Source:

Assessor
Lot Dimensions Source:

Assessor
View:

None
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

1321.02
Tax Area:

0-016
Tax Tract:

9155
Tax Lot:

6
Tax Rate:

16.00

The Listing

Special Listing Conditions:

Standard
Parcel Number:

2226031009

Heating & Cooling

Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Sewer Available
Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Sidewalks, Urban
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Concrete, Uncovered
Parking Spaces:

3.00
Uncovered Spaces:

3.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/25/25 Feb 25, 2025	Listed / Active	CRMLS_CA	$950,000

Multifamily For Sale

$950,000

Listing provided by broker:

Nelson Rodriguez

Park Regency Realty

818-645-3077

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This multifamily located in South Valley, Los Angeles, CA 91406 is currently for sale for $950,000. 16805 Sherman Way is a – square foot multifamily with – beds and – baths that has been on Estately for 34 days. 16805 Sherman Way is in the South Valley neighborhood of Los Angeles and has a WalkScore® of 71, making it very walkable.

Listing Courtesy of: CRMLS_CA and Park Regency Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 11:42 on Mar 31.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.