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Listed by Tyler Leeson • Marcus & Millichap RE Invest
$ 8,750,000
Est. payment /mo
Active
11932 207th Street Lakewood, CA 90715
17,040 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 17,040 sqft
Price per Sqft $513
MLS Listing ID OC-25185930
Year Built 1990
Lot Size 0.758 Acres
Property Sub-Type Apartment
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 Lakewood's most sought-after rental neighborhoods.
Location
State CA
County Los Angeles
Zoning LKMF
Interior
Laundry Community, Gas Dryer Hookup, Washer Hookup
Exterior
Parking Features Gated
Garage Spaces 38.0
Pool None
Community Features Curbs, Gutters, Sidewalks
Building
Lot Description Level with Street
Sewer Public Sewer
