11932 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 Lakewood’s most sought-after rental neighborhoods.
For sale
Listing Provided by:
Tyler Leeson DRE #01451551 tleeson@marcusmillichap.com,
Marcus & Millichap RE Invest
$8,750,000
11932 207th St, Lakewood, CA 90715
38beds
57baths
17,040sqft
Est.:
Multi Family
Built in 1990
-- sqft lot
$8,381,000 Zestimate®
$513/sqft
$-- HOA
What's special
Private balconyAttached two-car garageSurface parkingOn-site laundryDesirable townhome-style unitsIn-unit laundry connections
- 2 days
- on Zillow |
- 136 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: August 18, 2025 at 10:03am
Listing Provided by:
Tyler Leeson DRE #01451551 tleeson@marcusmillichap.com,
Marcus & Millichap RE Invest
Source: CRMLS,MLS#: OC25185930
Originating MLS: California Regional MLS

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Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 38
- Bathrooms: 57
Appliances
- Laundry: Common Area, Washer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 17,040
- Total interior livable area: 17,040 sqft
Property
Parking
- Total spaces: 42
- Parking features: Garage
- Garage spaces: 38
- Uncovered spaces: 4
Features
- Entry location: First level
- Pool features: None
Lot
- Size: 0.76 Acres
- Features: Street Level
Details
- Parcel number: 7058019032
- Zoning: LKMF
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Gutter(s), Sidewalks
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $513/sqft
- Date on market: 8/18/2025
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
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