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Listed by Tyler Leeson • Marcus & Millichap RE Invest
$ 8,750,000
Est. payment | /mo
17,040 SqFt
$ 8,750,000
Est. payment | /mo
17,040 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 17,040 sqft
Price per Sqft $513
MLS Listing ID CROC25185930
HOA Y/N No
Year Built 1990
Lot Size 0.758 Acres
Property Sub-Type Other
Source Datashare California Regional
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 offer
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Common Area, Other
Building
Lot Description Level
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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227