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Triplex with Updated 2-Bedroom Unit
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16817-1/2 Sherman Way, Lake Balboa, CA 91406

MULTI_FAMILY - Lake Balboa, CA

Property Size812 SF
Lot Size0.16 Acres
Price / SF$3.20
Days on Market122

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 Bathroom 1, Laundry Room, Bedroom 2, Bedroom 1
Parking 1
Parking features Driveway, Assigned
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

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: Aug 11 Last Checked: Aug 16 at 12:06PM
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 includes a 2-bedroom, 1-bath unit with new laminate flooring and fresh paint. The home features updated bathrooms and comes with a refrigerator and a 6 burner stove, along with a tankless water heater. Interior conveniences include laundry hookups and central heat and air, with central air gas (cooling). The building is constructed of stucco, with a composition roof. Parking is provided via driveway and assigned spaces.

The property is located at 16817-1/2 Sherman Way in Lake Balboa (Los Angeles County), on a 0.1607-acre lot. Public water and public sewer are available.

Built in 1948, the unit includes two bedrooms, one bathroom, and a dedicated laundry room area in the room layout.

Key Highlights

  • 0.1607‑acre lot for a triplex at 16817‑1/2 Sherman Way
  • 2‑bedroom, 1‑bath unit with updated bathrooms and new laminate flooring
  • Central heat and central air with gas (cooling)

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Accounting Firm

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

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

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 - 2-bedroom, 1-bath unit with central heat and air, laundry hookups, and driveway/assigned parking in a 1948 triplex.
Where is this triplex located?
The property is located at 16817-1/2 Sherman Way Lake Balboa, CA.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: 0.1607‑acre lot for a triplex at 16817‑1/2 Sherman Way; 2‑bedroom, 1‑bath unit with updated bathrooms and new laminate flooring; Central heat and central air with gas (cooling)
More about this property
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