
17417 Sherman Way, Lake Balboa, CA 91406
17417 Sherman Way, Lake Balboa, CA 91406
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
Property Details
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Comparative Market Analysis
Affordable Tier · 3 active · 5 closed
Lake Balboa · Single Family Residence
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.
Active Properties (3)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 7300 Oak Park | Lake Balboa | 1950 | 3 | 2 | 1,122 | 6,383 | $713 | $799,950 | 25 | 89 |
| 7244 Chicopee Avenue | Lake Balboa | 1949 | 2 | 1 | 944 | 5,977 | $885 | $835,000 | 3 | 88 |
| 15841 Marlin Place | Lake Balboa | 1949 | 2 | 2 | 1,134 | 7,260 | $701 | $795,000 | 95 | 82 |
| Total: 3 · Average | 2.3 | 1.7 | 1,066.667 | 6,540 | $766.333 | $809,983.333 | 41 | |||
| Median | 1,122 | $799,950 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 17415 Victory Boulevard | Lake Balboa | 1950 | 09/01/2026 | 3 | 2 | 1,121 | 6,550 | $859,000 | $850,000 | $758 | 0.99 | 66 | 88 |
| 17504 Hamlin | Lake Balboa | 1950 | 05/14/2026 | 3 | 2 | 1,126 | 6,433 | $875,000 | $880,000 | $782 | 1.01 | 35 | 86 |
| 17061 Lorne | Lake Balboa | 1952 | 08/07/2026 | 3 | 2 | 1,184 | 6,214 | $819,000 | $825,500 | $697 | 1.01 | 29 | 85 |
| 6820 Jellico Avenue | Lake Balboa | 1949 | 07/31/2026 | 3 | 2 | 1,169 | 8,063 | $875,000 | $888,000 | $760 | 1.01 | 147 | 85 |
| 17650 Welby Way | Lake Balboa | 1950 | 05/04/2026 | 3 | 1 | 1,109 | 6,000 | $789,999 | $789,999 | $712 | 1.00 | 201 | 83 |
| Total: 5 · Average | 3.0 | 1.8 | 1,141.8 | 6,652 | $846,699.8 | $846,699.8 | $741.8 | — | 95.6 | ||||
| Median | 1,126 | $850,000 | $850,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.