Contact Xavier Gomez
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11932 207th Street, Lakewood, CA 90715
Priced at Only: $8,750,000
For more Information Call
Mobile: 714.478.6676
Address: 11932 207th Street, Lakewood, CA 90715
Property Photos

Property Location and Similar Properties
- MLS#: OC25185930 ( Apartment )
- Street Address: 11932 207th Street
- Viewed: 2
- Price: $8,750,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1990
- Bldg sqft: 0
- Days On Market: 62
- Additional Information
- County: LOS ANGELES
- City: Lakewood
- Zipcode: 90715
- Provided by: Marcus & Millichap RE Invest
- Contact: Tyler Tyler
- DMCA Notice
-
Description11932 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 offering presents a rare opportunity to acquire a newer vintage, well located asset with desirable townhome style units and strong tenant appeal in one of Lakewoods most sought after rental neighborhoods.
Features
Association Fee
- 0.00
Building Area Total
- 17040.00
Commoninterest
- Community Apartment
Common Walls
- No Common Walls
Country
- US
Electric Expense
- 5806.00
Entry Location
- First level
Fuel Expense
- 5808.00
Garage Spaces
- 38.00
Insurance Expense
- 15200.00
Laundry Features
- Community
- Gas Dryer Hookup
- Washer Hookup
Lot Features
- Level with Street
Netoperatingincome
- 408255.00
Newtaxesexpense
- 99603.00
Number Of Separate Electric Meters
- 19
Number Of Separate Gas Meters
- 19
Otherincome1
- 5000.00
Parcel Number
- 7058019032
Pool Features
- None
Postalcodeplus4
- 1462
Professionalmanagementexpense
- 18204.00
Property Type
- Apartment
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 445393262:CRM
Totalexpenses
- 198545.00
Trash Expense
- 5806.00
Uncovered Spaces
- 4.00
Vacancyallowance
- 18612
Water Sewer Expense
- 5806.00
Water Source
- Public
Year Built
- 1990
Year Built Source
- Assessor
Zoning
- LKMF

- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com