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16946 Sherman Way
Lake Balboa, CA 91406
Lake Balboa Condo Complex · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Newly Renovated/Modern Finishes
  • 90% Available Financing/SBA Loan
  • 6 Spaces Per Condo/24 Spaces Total
  • Coveted Lake Balboa Submarket
  • 2,289 SF Avg Unit Size

EXECUTIVE SUMMARY

16946 Sherman Way is an excellent central SFV location for growing small businesses with easy access to the 405 and 101 freeways. Purchasing one of the four offered office condos, located in the Lake Balboa submarket, is prudent decision for a business to lower their occupancy costs over the long run and leverage the tax advantages of ownership. These are newly renovated, turn-key, and priced to sell individual condo units. They are outfitted with modern interior finishes, private gated parking. By using SBA financing, small business owners can secure the growth of their equity by leveraging 90% SBA financing. A 10% downpayment, in which a portion of funds can be gifted by family/friends, is enough to create a new, attractive, and secure headquarters for your business to grow and build equity.

PROPERTY FACTS

Property Type Office
Property Subtype
Loft/Creative Space
  • Flex Research & Development
  • Flex Showroom
  • Office Medical
Building Class B
Lot Size 0.32 AC
Rentable Building Area 9,154 SF
No. Stories 2
Year Built/Renovated 1979/2020
Parking Ratio 2.62/1,000 SF
APN / Parcel ID 2227-026-027
Zoning CR - (Q) CR-1VL & P-1VL

AMENITIES

  • Bus Line
  • Conferencing Facility
  • Fenced Lot
  • Security System
  • Recessed Lighting
  • Wi-Fi
  • Air Conditioning
  • Listing ID: 20205793

  • Date on Market: 7/8/2020

  • Last Updated:

  • Address: 16946 Sherman Way, Lake Balboa, CA 91406

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