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Victor Sanchez

victor@sanchezlegacyrealty.com +1(562) 706-5267

$ 1,800,000

Est. payment | -/mo

0.42 Acres Lot

Save

$ 1,800,000

Est. payment | -/mo

Save

0.42 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26243722

Construction Status Repairs Cosmetic,Updated/Remodeled

HOA Y/N No

Year Built 1953

Lot Size 0.422 Acres

Property Sub-Type Triplex

Property Description

A Rare Combination of Space, Income & Future Possibilities in Lakewood!!! Opportunities of this caliber don't come along often. Situated on two parcels totaling over 18,375 square feet, this distinctive triplex offers an exceptional opportunity for investors, owner-occupants, and those with an eye toward future development. The property features three spacious residences: two 3-bedroom, 1-bath units and a larger 3-bedroom, 2-bath residence privately situated toward the rear. Each enjoys its own attached garage and separately metered gas, water, and electricity, including recently updated electrical meters, making rental management easier without shared utility expenses. Live in one. Generate income from the others. Or explore what comes next.*** The two occupied front residences provide an established income stream, while the recently vacated rear residence offers the flexibility to move in or lease for additional income. And then there's the land. With over 18,375 square feet across two parcels, the possibilities extend beyond the existing residences. Per the City, the property offers potential for up to 12 total units, including possible ADU development, subject to applicable requirements and approvals. Ideally located within the ABC Unified School District, walking distance to Long Beach Towne Center, and conveniently close to freeways, Lakewood Center, and Cerritos Mall, the property combines everyday convenience with long-term investment appeal. Income in place. Room to grow. Flexibility to make it your own.*** Whether you're looking to offset homeownership costs, expand your portfolio, or explore future development potential, this is an opportunity well worth considering. Motivated Sellers – Submit ALL Offers!

Location

State CA

County Los Angeles

Area 26 - Lakewood East

Interior

Interior Features Ceiling Fan(s), Laminate Counters, All Bedrooms Down

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Free-Standing Range, Water Heater

Laundry In Garage

Exterior

Parking Features Driveway, Garage

Garage Spaces 5.0

Garage Description 5.0

Fence Block

Pool None

Community Features Sidewalks

View Y/N No

View None

Roof Type Composition,Shingle

Total Parking Spaces 11

Private Pool No

Building

Lot Description Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Repairs Cosmetic,Updated/Remodeled

Others

Senior Community No

Tax ID 7060023005

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash to New Loan, Conventional

Listing Terms Cash to New Loan, Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Monica Abundiz CAZZA Realty, Inc. 562-305-5947, DRE #01419966

Nearby Locations

+1(562) 706-5267

victor@sanchezlegacyrealty.com

11342 215th Lakewood, CA 90715

Victor Sanchez

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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