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17417 Sherman Way, Lake Balboa, CA 91406

$780K3bd · 2ba · 915 sqft
Lot 6,000 sqft•Single Family Residence•
Active
•20d on market•MLS# SR-26209521

Property Description

Welcome to 17417 Sherman Way, a stylish Lake Balboa home where modern design, indoor-outdoor living, and future potential come together on an 6,000 sqft. lot. Step inside to a bright, open-concept living space highlighted by a dramatic faux brick fireplace wall, recessed lighting, and polished tile floors. The remodeled kitchen features sleek white cabinetry, quartz countertops, stainless steel appliances, a large peninsula with bar seating, and an open layout that flows directly into the dining and living areas. Oversized glass windows along with a sliding door span the rear of the home, filling the space with natural light and creating a seamless connection to the backyard. The outdoor space is one of the home’s biggest highlights. Mature trees provide shade and privacy while multiple entertaining areas create room to dine, lounge, barbecue, garden, or simply relax. A bbq area, grassy yard, mature landscaping, and separate sitting areas give the property the feel of a private retreat right in the middle of the Valley. The property also offers something increasingly valuable in Lake Balboa: Rear wide alley access with an expanded paved parking area and a one-car garage. The garage has been converted to studio style space with a kitchenette and bathroom without permits, the buyer to bring this to code if they want to convert to an ADU or the seller can convert it back to a standard garage. The existing alley access and additional parking provide flexibility that is difficult to replicate. Although public records reflect 2 bedrooms, 1 bathroom and approximately 819 sq. ft., the home physically features 3 bedrooms, 2 bathrooms and measures approximately 915 sq. ft. The additional bedroom includes a small en-suite bathroom and its own private exterior entrance, making it especially versatile for guests, extended family, a private office, or other flexible living needs. Buyer to independently verify square footage, bedroom and bathroom count, permits, ADU feasibility, and intended use. From the gated and landscaped front courtyard to the open living spaces, entertainer’s backyard and alley-access parking, this home makes exceptional use of every part of the property. Move-in ready today with flexibility and income potential for tomorrow, all in the heart of Lake Balboa.

Features & Amenities

FeeBuilt 1949

Property Details

Land Type
Fee
Year Built
1949
Property Type
Residential
Property Subtype
Single Family Residence
Cooling
Central Air, None
Roof
Shingle
City
Lake Balboa
Zip Code
91406
County
Los Angeles
Listed byLPT Realty, Inc, Angel Nova

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,942.98
Principal & Interest
Loan Amount
$623,822
Total Interest
$795,651
Total Payment Over 30 Years
$1,419,473
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 3 active · 5 closed

17417 Sherman Way, Lake Balboa, CA 91406

Lake Balboa · Single Family Residence

$780K
Affordable Tier
Beds
3
Baths
2
Sqft
915
Lot
6,000 sqft
Year
1949
$/Sqft
$852
Pool: No✓

Listed 8.3% below the median closed sale of $850,000. Price per sqft ($852) is a 15% premium to closed comps ($742). Closed comps sold at 100% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $780K· $852/sqft
Total list price
Closed comps
vs closed median $850K
−$70K (−8.3%)
Active comps
vs active median $800K
−$20K (−2.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $766
+$86 (+11.2%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
7300 Oak ParkLake Balboa1950321,1226,383$713$799,9502589
7244 Chicopee AvenueLake Balboa1949219445,977$885$835,000388
15841 Marlin PlaceLake Balboa1949221,1347,260$701$795,0009582
Total: 3 · Average2.31.71,066.6676,540$766.333$809,983.33341
Median1,122$799,950

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
17415 Victory BoulevardLake Balboa195009/01/2026321,1216,550$859,000$850,000$7580.996688
17504 HamlinLake Balboa195005/14/2026321,1266,433$875,000$880,000$7821.013586
17061 LorneLake Balboa195208/07/2026321,1846,214$819,000$825,500$6971.012985
6820 Jellico AvenueLake Balboa194907/31/2026321,1698,063$875,000$888,000$7601.0114785
17650 Welby WayLake Balboa195005/04/2026311,1096,000$789,999$789,999$7121.0020183
Total: 5 · Average3.01.81,141.86,652$846,699.8$846,699.8$741.8—95.6
Median1,126$850,000$850,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.