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Sold for $1,500,000
  • Listed by: Hector Ramirez, Broker • Hector Ramirez • Contact: 714-788-1799
    Bought with: CAZZA Realty, Inc.
    $1,500,000

    11342 215th St, Lakewood, CA 90715

    9beds
    4baths
    3,125sqft
    Triplex
    Built in 1953
    -- sqft lot
    $1,606,800 Zestimate®
    $480/sqft
    $2,608 Estimated rent

    Home value

    $1,606,800

    $1.45M - $1.78M

    $2,608/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Hector Ramirez DRE #01728536 714-788-1799,

    Hector Ramirez, Broker

    Bought with:

    Monica Abundiz, DRE #01419966

    CAZZA Realty, Inc.

    Source: CRMLS,MLS#: OC24174853MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 4
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    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: $480/sqft
    • Tax assessed value: $1,883,940
    • Annual tax amount: $23,006
    • Date on market: 8/22/2024
    • Cumulative days on market: 293 days
    • 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

    Price history

    DateEventPrice
    7/9/2025Sold$1,500,000-6.2%$480/sqft
    Source: CRMLS #OC24174853 Report a problem
    6/11/2025Pending sale$1,599,500$512/sqft
    Source: CRMLS #OC24174853 Report a problem
    5/6/2025Price change$1,599,500-5.9%$512/sqft
    Source: CRMLS #OC24174853 Report a problem
    5/2/2025Price change$1,699,500-10.5%$544/sqft
    Source: CRMLS #OC24174853 Report a problem
    3/13/2025Price change$1,899,500+5.6%$608/sqft
    Source: CRMLS #OC24174853 Report a problem
    2/11/2025Price change$1,799,500-9.8%$576/sqft
    Source: CRMLS #OC24174853 Report a problem
    2/1/2025Price change$1,995,000-7.2%$638/sqft
    Source: CRMLS #OC24174853 Report a problem
    8/23/2024Price change$2,150,000+34.5%$688/sqft
    Source: CRMLS #OC24174853 Report a problem
    11/16/2022Pending sale$1,599,000$512/sqft
    Source: CRMLS #RS22193450 Report a problem
    10/27/2022Contingent$1,599,000$512/sqft
    Source: CRMLS #RS22193450 Report a problem
    10/12/2022Price change$1,599,000-4.5%$512/sqft
    Source: CRMLS #RS22193450 Report a problem
    9/27/2022Price change$1,675,000-6.9%$536/sqft
    Source: CRMLS #RS22193450 Report a problem
    9/2/2022Listed for sale$1,799,888+579.2%$576/sqft
    Source: CRMLS #RS22193450 Report a problem
    3/3/1998Sold$265,000$85/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$23,006 +27.5%$1,883,940 +27.7%
    2024$18,049 +1.5%$1,475,000
    2023$17,785 +210.5%$1,475,000 +269.9%
    2022$5,729 +2.4%$398,716 +2%
    2021$5,596 +0.8%$390,899 +1%
    2020$5,554 $386,892 +2%
    2019$5,554 +12.3%$379,307 +2%
    2018$4,946 $371,870 +2%
    2017$4,946 +1.9%$364,579 +2%
    2016$4,856 +2.6%$357,431 +1.5%
    2015$4,735 -2.1%$352,063 +2%
    2014$4,837 $345,167 +5.3%
    2010-- $327,799 -0.2%
    2009-- $328,579 +2%
    2008-- $322,137 +4%
    2006-- $309,630 +6%
    2003-- $292,156
    Find assessor info on the county website

    Neighborhood: 90715

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,606,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,606,800