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.
Property Details
Price:
$1,799,500
MLS #:
OC24174853
Status:
Active
Baths:
0
Address:
11342 215th Street
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
699notdefined
City:
Lakewood
Listed Date:
Aug 22, 2024
State:
CA
ZIP:
90715
Lot Size:
17,464 sqft / 0.40 acres (approx)
Year Built:
1953
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Gas Range, Gas Water Heater
Fireplace Features
None
Flooring
Laminate
Heating
Wall Furnace
Exterior
Community Features
Biking, Curbs, Dog Park, Golf, Park, Sidewalks, Street Lights
Fencing
Block
Garage Spaces
6.00
Lot Features
0-1 Unit/ Acre, Lot 10000-19999 Sqft, Rectangular Lot, Value In Land
Parking Features
None
Parking Spots
12.00
Pool Features
None
Roof
Asphalt
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
All Utilities, Cable T V, Electricity, Grounds Care, Gas, Telephone, Trash Collection, Water
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address11342 215th Street Lakewood CA
- Area699 – Not Defined
- CityLakewood
- CountyLos Angeles
- Zip Code90715
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11342 215th Street
Lakewood, CA
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