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.
For sale
Listing Provided by:
Hector Ramirez DRE #01728536 714-788-1799,
Hector Ramirez, Broker
Price cut: $100K (5/6)
$1,599,500
11342 215th St, Lakewood, CA 90715
--beds
--baths
3,125sqft
Est.:
Triplex
Built in 1953
-- sqft lot
$-- Zestimate®
$512/sqft
$-- HOA
What's special
- 270 days
- on Zillow |
- 731 |
- 28 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: May 15, 2025 at 12:51pm
Listing Provided by:
Hector Ramirez DRE #01728536 714-788-1799,
Hector Ramirez, Broker
Source: CRMLS,MLS#: OC24174853
Originating MLS: California Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Rooms
- Room types: Bedroom
Heating
- Wall Furnace
Appliances
- Included: Gas Range, Gas Water Heater
- Laundry: In Garage
Features
- All Bedrooms Down
- Flooring: Laminate
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,125
- Total interior livable area: 3,125 sqft
Property
Parking
- Total spaces: 12
- Parking features: None
- Garage spaces: 6
- Uncovered spaces: 6
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Block
- Has view: Yes
- View description: None
Lot
- Size: 0.4 Acres
- Features: 0-1 Unit/Acre, Rectangular Lot, Value In Land
Details
- Parcel number: 7060023005
- Zoning: LKMFR*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Stucco
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Curbs, Dog Park, Golf, Park, Street Lights, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $512/sqft
- Tax assessed value: $1,475,000
- Annual tax amount: $18,049
- Date on market: 8/22/2024
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Owner May Carry,Submit
- Tenant pays: All Utilities, Cable TV, Electricity, Gas, Grounds Care, Trash Collection, Telephone, Water
- Road surface type: Paved
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