11932 207th Street, Lakewood, CA 90715

About this property

11932 207th Street is a 19-unit multifamily investment property located in Lakewood, CA. Built in 1990, 11932 207th Street offers exclusively 2 bed/2.5 bath townhomes and amenities including garage, surface, and carport parking, gated access, private balconies, a barbeque area, and in-unit laundry hookups. 7 of the units have one balcony, 10 of the units have two balconies, and 2 of the units have an extra large balcony. Additionally, 12 of 19 units have undergone substantial renovations with upgrades including vinyl and carpet flooring, granite countertops, individual water heaters, and more. A new owner could potentially achieve substantial rental upside through the continuation of the in-place renovation plan. 11932 207th Street has an excellent Lakewood location, with convenient access to a plethora of retail, dining, and entertainment options at Los Cerritos Center and Long Beach Towne Center. Additionally, the property is within walking distance to all three levels of schooling. 11932 207th Street’s close proximity to Don Knabe Community Regional Park and El Dorado Nature Center places residents moments from a variety of outdoor activities. The property benefits from its close proximity to Interstate 605, connecting residents to employment hubs throughout Los Angeles County.

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$7,650,000

Sold June 2023 · listed $8,325,000, on market March 2023 · MLS #OC23050849 · Source: CRMLS

Listing Agent: Tyler Leeson · Listing Office: Marcus & Millichap RE Invest · Contact: 714-713-9086 · Bought with: Matthew Hoyt · Hoyt Real Estate, Inc.

Explore Lakewood