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16805 Sherman Way, Lake Balboa, CA 91406

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For Sale

$950,000

4 beds • 3 baths • 2,272 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $418.13
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

?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.
MLS# SR25041364

Courtesy Of Management Systems, Corporation

(818) 363-6116

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Architecture Style
    New Traditional
  • Exterior Type
    Stucco
  • Floor Covering
    Laminate
  • Rooms
    Living Room

Map and Directions

Directions to 16805 Sherman Way, Lake Balboa, CA 91406

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Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Affiliated

(949) 551-7000
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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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