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.
Sold for $1,500,000 on 07/09/25
Listing Provided by:
Hector Ramirez DRE #01728536 714-788-1799,
Hector Ramirez, Broker
$1,500,000
11342 215th St, Lakewood, CA 90715
9beds
4baths
3,125sqft
Triplex
Built in 1953
-- sqft lot
$-- Zestimate®
$480/sqft
$2,841 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 07:39pm
Listing Provided by:
Hector Ramirez DRE #01728536 714-788-1799,
Hector Ramirez, Broker
Bought with:
Monica Abundiz, DRE #01419966
CAZZA Realty, Inc.
Source: CRMLS,MLS#: OC24174853
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
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: 0.40 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 & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Biking, Curbs, Dog Park, Golf, Park, Street Lights, Sidewalks
Location
- Region: Lakewood
Other
Other facts
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Owner May Carry,Submit
- Road surface type: Paved