Lakewood, CA 90715 11342 215th Street
$1,599,500
4 more
Presented By: Hector Ramirez with Hector Ramirez, Broker; 714-788-1799
Beds • 9
Baths • 3
SQFT • 3,125
Garage • 6
Year Built • 1953
Home Details
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.
Presented By: Hector Ramirez with Hector Ramirez, Broker; 714-788-1799
Interior Features for 11342 215th Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Interior AmenitiesAllBedroomsDown
Laundry FeaturesInGarage
Total Stories1
Other Rooms
Entry Level1
General for 11342 215th Street
Additional Parcels Y/NNo
AppliancesGasRange, GasWaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLakewood
Community FeaturesBiking, Curbs, DogPark, Golf, Park, StreetLights, Sidewalks
Construction MaterialsStucco
ContingencyStandard Contract Contingencies & Disclosures. All information is deemed reliable but not guaranteed. Buyer and buyers agents responsible to verify all information to satisfy themselves regarding p
CountyLos Angeles
Current FinancingConventional
DirectionsOff Of Carson by 605 Freeway
Electric On Property Y/NNo
Entry Location1
Garage Spaces6.0
Garage Y/NYes
Gross Income101280.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense1500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToExistingLoan, CashToNewLoan, OwnerMayCarry, Submit
Lot Size Square Feet17464.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MaintenanceExpense1000.0
MobileHomeRemainsYNNo
Net Operating Income80995.0
New ConstructionNo
Number Of Units Total3
Open Parking Spaces6.0
Operating Expense20285.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofAsphalt
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot3
Tenant PaysAllUtilities, CableTv, Electricity, Gas, GroundsCare, TrashCollection, Telephone, Water
Trash Expense0.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNone
Year Built1953
Year Built SourceAssessor
ZoningLKMFR*
Exterior for 11342 215th Street
Building Area Total3125.0
Crops Included Y/NNo
FencingBlock
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre, RectangularLot, ValueInLand
Lot Size Acres0.4009
Lot Size Area17464.0
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters3
Open Parking Y/NNo
Parking FeaturesNone
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking12.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
Price
$1,599,500
MLS#OC24174853
List Date
08/22/2024
Property Type
Multi-Family
Phone
(949) 290-7647
