PRICE REDUCTION!!! 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. A NEW ROOF HAS BEEN INSTALLED in the three units. NEW PAINT INSIDE VACATED UNIT AND OTHER UPDATES IN THE OCCUPIED 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.
For sale
Listing Provided by:
Nelson Rodriguez DRE #01353567 818-645-3077,
Park Regency Realty
Price cut: $75K (8/13)
$875,000
16805 Sherman Way, Van Nuys, CA 91406
4beds
3baths
2,272sqft
Est.:
Triplex
Built in 1948
-- sqft lot
$876,600 Zestimate®
$385/sqft
$-- HOA
What's special
Corner lot
- 178 days
- on Zillow |
- 487 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: August 19, 2025 at 10:05pm
Listing Provided by:
Nelson Rodriguez DRE #01353567 818-645-3077,
Park Regency Realty
Source: CRMLS,MLS#: SR25041364
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Rooms
- Room types: Bedroom, Living Room
Bedroom
- Features: All Bedrooms Down
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Inside
Features
- Ceiling Fan(s), Crown Molding, All Bedrooms Down
- Flooring: Laminate
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,272
- Total interior livable area: 2,272 sqft
Property
Parking
- Total spaces: 3
- Parking features: Concrete, Uncovered
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,915 Square Feet
- Dimensions: 6915
- Features: Corner Lot, Rectangular Lot
Details
- Parcel number: 2226031009
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Raised
- Roof: Composition
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available
Community & HOA
Community
- Features: Sidewalks, Urban
Location
- Region: Van Nuys
Financial & listing details
- Price per square foot: $385/sqft
- Tax assessed value: $250,324
- Annual tax amount: $3,512
- Date on market: 2/25/2025
- Listing terms: Cash,Cash to New Loan,Conventional
- Tenant pays: Electricity, Gas
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