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Triplex with Central HVAC
For Lease
$2,350/Mo

16817-1/2 Sherman Way, Lake Balboa, CA 91406

Lake Balboa, CA

Space SizeContact for details
Lot Size0.16 Acres
Days on Market174

Property Features for 16817-1/2 Sherman Way

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 2, Laundry Room, Bedroom 1, Bathroom 1
Parking 1
Parking features Assigned, Driveway
Pets allowed Yes
Appliances 6 Burner Stove, Refrigerator, Tankless Water Heater
Lot features Lot 6500-9999
Elementary school district Los Angeles Unified
Middle school district Los Angeles Unified
High school district Los Angeles Unified
Directions Sherman way and Balboa
Subdivision LKBL - Lake Balboa
Standard status Active
APN 2226031007
Size 812 SF
Lot size 0.16 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Gas (Cooling)
Water source Public

Amenities

refrigerator
stove
laundry hookups
central heat and air

Building Details

Year built 1948
Floors in Building 1
Number of units 3
Building materials Stucco
Roof type Composition
Listing Agency: Park Regency Realty
Listed By: Fernando Garcia · License #01252830
Added: Apr 17 Changed: Oct 6 Last Checked: Oct 7 at 2:06PM
MLS# SR26087000

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This triplex property was built in 1948 and features stucco construction, a composition roof, central heating, and central air. The listed interior includes two bedrooms, one bathroom, a laundry room, laminate flooring, fresh paint, and updated bathroom finishes. The property also includes a refrigerator, six-burner stove, tankless water heater, and laundry hookups. Its recorded property size is 812 square feet on 0.1607 acres.

Parking is provided through assigned spaces and a driveway. The property is served by public water and public sewer and is located at 16817-1/2 Sherman Way in Lake Balboa, California. Nearby context identified in the property information includes In-N-Out Burger, cafes, restaurants, Balboa Park, and freeway access.

Key Highlights

  • Triplex property built in 1948
  • 812 square feet on a 0.1607‑acre lot
  • Two bedrooms, one bathroom, and a laundry room

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Veterinary Clinic Acupuncture (Bike/Boat/Book/etc) Store Skin Care Clinic Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,033
Businesses Nearby

Demographics for 91406, CA

53,252
Population
19,650
Households
2.7
Avg Household Size
37
Median Age
29%
College-Educated
77%
High-School Grad
8.1 sq mi
ZIP Area
6,574
Density / Sq Mi
$76,653
Median Household Income
$41,469
Median Earnings
$1,859
Median Rent
$765,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Residential income property with updated finishes, assigned parking, and public water and sewer service.
Where is this triplex located?
The property is located at 16817-1/2 Sherman Way Lake Balboa, CA.
What is the lease rate?
The lease rate is $2,350/Mo.
What are key features of this property?
This property features: Triplex property built in 1948; 812 square feet on a 0.1607‑acre lot; Two bedrooms, one bathroom, and a laundry room
More about this property
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