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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 2bedroom, 1 bath unit, and two 1 bedroom, 1 bath units. Each unit has a dedicated off street parkingspace. Landlord pays for water, tenants pay for gas and electricity. It has a total of 2,272 squarefeet of living space. Zoned LARD2. Sweeping 6,915 square foot corner lot. Property has a high WalkScore® 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 Parkwith its boating lake, golf course, and comprehensive sport amenities and activities. Call now for allthe details and I’ll gladly arrange a private tour.
Property Type(s):
Residential Income
| Last Updated | 2/25/2025 | Year Built | 1948 |
|---|---|---|---|
| Community | Lake Balboa | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Lake Balboa |
| CONSTRUCTION | Stucco |
| GARAGE | Concrete, Uncovered |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down, Ceiling Fan(s), Crown Molding |
| LOT | 6915 sq ft |
| LOT DESCRIPTION | Corner Lot, Rectangular Lot |
| LOT DIMENSIONS | 6915 |
| PARKING | Concrete,Uncovered |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Traditional |
| UTILITIES | Sewer Available |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | LARD2 |
Location
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Listed with Park Regency Realty
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