16805 Sherman Way Lake Balboa, CA 91406

Multi-Family (2-4 Units) MLS #: SR25041364 Courtesy Of Management Systems, Corporation

$950,000

4 beds | 3 baths | 2,272 sq ft
Print property details Share
Estimated monthly payments: $4,153/mo.* (recalculate)

Property InformationDescription

?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.
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Amenities: Ceiling Fan
  • Architecture Style: New Traditional
  • Cooling System: Window Unit(s) A/C
  • Exterior Type: Stucco
  • Floor Covering: Laminate
  • Rooms: Living Room

MAP & DIRECTIONS

Get Directions
16805 Sherman Way, Lake Balboa, CA 91406
View Directions

School Information

16805 Sherman Way, Lake Balboa, CA 91406

Elementary School
Grades PK-5 | Public School
GAULT STREET ELEMENTARY SCHOOL
Van Nuys, CA 91406
17000 Gault St
818.­343.1933
Distance: 0.3 mi
School Rating
B+
Student:Teacher Ratio
21:1
Total Students
297
Middle School
Grades 6-8 | Public School
MULHOLLAND MIDDLE SCHOOL
Van Nuys, CA 91406
17120 Vanowen St
818.­609.2500
Distance: 0.7 mi
School Rating
C+
Student:Teacher Ratio
21:1
Total Students
1246
High School
Grades 9-12 | Public School
BIRMINGHAM HIGH SCHOOL
Van Nuys, CA 91406
Distance: 1.7 mi
Other Nearby Schools Distance Type Grades School Rating
St Bridget Of Sweden 0.1 mi Private PK-8
Lake Balboa College Preparatory Magnet K-12 0.6 mi Public KG-12 B
Daniel Pearl Journalism & Communications Magnet 0.7 mi Public 9-12 B-
Valley Waldorf City School 0.8 mi Private PK-8
Independence Continuation 0.8 mi Public 9-12 D-
Anatola Avenue Elementary School 0.9 mi Public KG-5 C-
Stagg Street Elementary 0.9 mi Public PK-5 B
Birmingham Community Charter High School 1.0 mi Public 9-12 A
High Tech La 1.1 mi Public 9-12 A
Lemay Street Elementary 1.1 mi Public KG-5 C+
Magnolia Science Academy 2 1.1 mi Public 6-12 B+
Cohasset Elementary School 1.3 mi Public KG-5 C
Lorne Street Elementary 1.3 mi Public KG-5 B+
Bassett Street Elementary School 1.3 mi Public KG-5 B-
Valley School 1.4 mi Private PK-8
Happy Preschool Land 1.4 mi Private PK-KG
Bertrand Avenue Elementary School 1.5 mi Public KG-5 D+
Sunflower Montessori School 1.6 mi Private PK-KG
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.

Demographic Data

Van Nuys, CA 91406

Median Age: 36.7
Married: 40%
Number of Households: 17,553
Households with Children: 31.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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.