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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
    : 
    Triplex
    Built in 1953
    -- sqft lot
    $-- Zestimate®
    $512/sqft
    $-- HOA

    What's special

    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.
    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#: OC24174853MLS LogoOriginating MLS: California Regional MLS
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    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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