11342 215th Street, Lakewood, CA 90715
- $1,500,000
- Sold Price
- $1,500,000
- List Price
- $1,599,500
- Closing Date
- Jul 09, 2025
- Status
- CLOSED
- MLS#
- OC24174853
- Year Built
- 1953
- Lot Size
- 17,464
- Acres
- 0.40
- Lot Location
- 0-1 Unit/Acre, Rectangular Lot, Value In Land
- Days on Market
- 292
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- One Level
Property Description
Discover the charm and potential of this rare investor triplex opportunity in the heart of Lakewood. This property is a true gem, offering features that make it an exceptional investment opportunity. This property has three stand alone 3 bedroom homes, which the city says if developed per current city guidelines, you can build up to 16 units. The property is situated in a prime location between two large townhouse complexes. This triplex is close to a variety of amenities, including popular restaurants, the Lakewood Center Mall, Long Beach Towne Center, Cerritos Mall, Hawaiian Garden Casino, major freeways, and multiple parks offering both convenience and urban lifestyle benefits. The current tenants are long-term providing stable and immediate rental income. This is a unique opportunity that combines location, potential, and practicality. Don't miss out on this rare find in Lakewood that has huge potential upside. (Please do not disturb tenants). The seller may carryback a promissory note.
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Additional Information
- Appliances
- Gas Range, Gas Water Heater
- Pool Description
- None
- Heat
- Wall Furnace
- View
- None
- Exterior Construction
- Stucco
- Roof
- Asphalt
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Down
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $101,280
- Operating Expense
- 20285
Listing courtesy of Listing Agent: Hector Ramirez (wikiwikirealty@gmail.com) from Listing Office: Hector Ramirez, Broker.
Listing sold by Monica Abundiz from CAZZA Realty, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.