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$8,750,000
Est. payment /mo
2 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25185930
Bedrooms 2
Property Sub-Type Res Income 2-4 Units
Property Description
11932 207th Street is a 19-unit multifamily investment opportunity located in the highly desirable rental market of Lakewood, California. Constructed in 1990, the property offers investors a unique chance to acquire a newer-vintage asset in a submarket with predominantly older housing stock. Situated on a quiet residential street, the property consists of exclusively 2-bed/2.5-bath townhome-style units, each thoughtfully designed across two levels. Every unit features a private balcony (10 units feature 2 balconies), in-unit laundry connections, and an attached two-car garage with direct access, amenities that are rarely found in traditional apartment buildings and highly sought-after by renters seeking a more residential living experience. The building also includes surface parking, gated access with callbox entry, and on-site laundry, all of which enhance tenant retention and long-term income stability. Located near key employment hubs, retail centers, and freeway access points, 11932 207th Street benefits from strong local demand and minimal competing inventory of newer construction in the immediate area. Residents enjoy convenient access to grocers (H Mart - 0.45 miles from the subject property), parks, and schools, including walkable access to Artesia High School. This offering presents a rare opportunity to acquire a newer vintage, well-located asset with desirable townhome-style units and strong tenant appeal in one of Lakewoods most sought-after rental neighborhoods.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Cross Streets of 207th Street & Seine Avenue
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7058019032
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Listed by Tyler Leeson Marcus & Millichap RE Invest
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