Lakewood, CA 90715,11932 207th Street
$7,650,000
$8,325,000
8.1%
Est.Price: ?

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17,040 SqFt

11932 207th Street Lakewood, CA 90715

Est. payment /mo
SOLD DATE : 06/30/2023

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Key Details

Sold Price $7,650,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 17,040 sqft

Price per Sqft $448

MLS Listing ID CROC23050849

Sold Date 06/30/23

HOA Y/N No

Year Built 1990

Lot Size 0.760 Acres

Acres 0.76

Property Description

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 Coun

Location

State CA

County Los Angeles

Area Not Defined

Zoning LKMF

Interior

Fireplace No

Laundry Other

Building

Lot Description Level

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 7058019032

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Bridge MLS
Listed by Tyler Leeson • Marcus & Millichap RE Invest
Bought with MatthewHoyt

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