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$8,750,000

Est. payment - /mo

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0.76 Acres Lot

Active

11932 207th ST Lakewood, CA 90715

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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25185930

HOA Y/N No

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

Area 699 - Not Defined

Zoning LKMF

Interior

Fireplace No

Laundry Common Area, Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 38.0

Garage Description 38.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 42

Private Pool No

Building

Lot Description Street Level

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7058019032

Energy Description 5808.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Tyler Leeson Marcus & Millichap RE Invest tleeson@marcusmillichap.com

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

10

Wittmann Elementary School

Public | KG - 6
10

Leal Elementary School

Public | KG - 6
10

Margaret Landell Elementary School

Public | KG - 6
10

Los Coyotes Elementary School

Public | KG - 6
10

Cerritos Elementary School

Public | KG - 6
10

George B. Miller Elementary School

Public | KG - 6
9

Prisk Elementary School

Public | KG - 5
9

Patrick Henry Elementary School

Public | KG - 5
9

Newcomb K - 8 Academy

Public | KG - 8
9

Elliott Elementary School

Public | KG - 6
9

Los Alamitos Elementary School

Public | KG - 5
9

Gonsalves Elementary School

Public | KG - 6
9

Juliet Morris Elementary School

Public | KG - 6
8

Las Flores Home Education Independent Study Academ

Public | KG - 8
8

Emerson Parkside Academy

Public | KG - 5
8

Cubberley K - 8 School

Public | KG - 8
8

Bragg Elementary School

Public | KG - 6
8

Burbank Elementary School

Public | KG - 6
8

Nixon Academy

Public | KG - 6
8

Carver Elementary School

Public | EE - 6

Middle Schools 16

10

Whitney (Gretchen) High School

Public | 7 - 12
10

Carmenita Middle School

Public | 7 - 8
10

Oxford Academy

Public | 7 - 12
9

Oak Middle School

Public | 6 - 8
9

McAuliffe Middle School

Public | 6 - 8
9

Lexington Junior High School

Public | 7 - 8
8

Stanford Middle School

Public | 6 - 8
8

Marshall Academy of the Arts

Public | 6 - 8
7

Ross Academy of Creative & Media Arts

Public | 7 - 8
7

Tetzlaff Middle School

Public | 7 - 8
6

Mayfair High School

Public | 7 - 12
6

Haskell STEM Academy

Public | 7 - 8
6

Walker Junior High School

Public | 7 - 8
5

Fedde Academy

Public | 7 - 8
0

Valley Christian Middle School

Private | 7 - 8
0

Abc Secondary (Alternative)

Public | 7 - 12

High Schools 11

10

Cerritos High School

Public | 9 - 12
9

Los Alamitos High School

Public | 9 - 12
8

Ernest S. Mcbride, Sr. High School

Public | 9 - 12
8

John F. Kennedy High School

Public | 9 - 12
7

Gahr High School

Public | 9 - 12
6

Millikan High School

Public | 9 - 12
6

Artesia High School

Public | 9 - 12
0

St Joseph High School

Private | 9 - 12
0

Tracy (Wilbur) High (Continuation)

Public | 9 - 12
0

Turner Christian High School

Private | 11 - 12
0

Laurel High (Continuation)

Public | 9 - 12

School and business data provided by Attom Data.

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Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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