11932 207th St

Lakewood, CA 90715

$8,750,000
Price
2
Beds
57
Baths
17,040 Sq. Ft.
$513 / Sq. Ft.
17,040
Sq. Ft.
$513
per Sq. Ft.
an aerial view of a city
a front view of a house with a yard and garage
a view of a street with houses
a view of a city
an aerial view of a house with a garden and lake view
a view of a city from a terrace
an aerial view of a city
a front view of a house with a yard and garage
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Description

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...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.
  1. Listed by Tyler Leeson • DRE #01451551 • Brokerage DRE #00530854 • Marcus & Millichap RE Invest • tleeson@marcusmillichap.com

Property Details for 11932 207th Street

Parking Spaces Total
42
Private Pool
No
Total Units
19.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
17040
Assessor Parcel Number
7058-019-032
Property Attached YN
false
LISTING UPDATED: 08/18/2025 03:03 AM

Property Details for 11932 207th Street

StatusActive
MLS #OC25185930
Days on Market119
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1990
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551
Add your commute

Building Information for 11932 207th Street

Building/Complex11932 207th StFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1990Building Size-

Payment Calculator

$51,226 per month

30 year fixed, 6.28% Interest

Principal and Interest

$43,237

Property Taxes

$7,989

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11932 207th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $625,412
  • Gross Scheduled Income: $620,412
  • Vacancy Allowance: 18612
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $601,800
  • Net Operating Income: $408,255
  • Other Income 1: $5,000
  • Gross Multiplier: 13.99
  • Cap Rate: 4.67
Expense Details
  • Operating Expense: $198,545
  • Operating Expense Percent: 32.70%
  • New Taxes Expense: $99,603
  • Fuel Expense: $5,808
  • Electric Expense: $5,806
  • Insurance Expense: $15,200
  • Maintenance Expense: $13,300
  • Professional Management Expense: $18,204
  • Trash Expense: $5,806
  • Water Sewer Expense: $5,806
  • Total Expenses: $198,545
Tax / Assessment Info
  • Tax Tract Number: 055105
  • Tax Census Tract: 5551.05
  • CFD/Mello-Roos Fee: $5,812
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community, Gas Dryer Hookup, Washer Hookup
Exterior Features
  • Entry Location: First level
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Level with Street
  • Number Of Units: 19
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 38
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 38
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 19
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 38
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $51,701
  • Unit Type Total Rent: $51,701
  • Unit Type Pro Forma: 57505
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 19
  • Number Of Separate Gas Meters: 19
  • Number Of Separate Water Meters: 1

Property History for 11932 207th Street

DateEvent & SourcePriceAppreciation
Aug 18, 2025

Listed (Active)

CRMLS #OC25185930

$8,750,000—
Aug 18, 2025

Listed (Active)

SDMLS #OC25185930

$8,750,000—
Aug 18, 2025

Listed (Active)

CLAW #OC25185930MR

$8,750,000—
Jun 30, 2023

Sold

CLAW #OC23050849MR

$7,650,000—
Jun 30, 2023

Sold

CRMLS #OC23050849

$7,650,000—
Jun 30, 2023

Sold

SDMLS #OC23050849

$7,650,000—
May 1, 2023

Pending

CRMLS #OC23050849

—
May 1, 2023

Pending

SDMLS #OC23050849

—
May 1, 2023

Pending

CLAW #OC23050849MR

—
Mar 29, 2023

Listed (Active)

SDMLS #OC23050849

$8,325,000—
Mar 29, 2023

Listed (Active)

CLAW #OC23050849MR

$8,325,000—
Mar 29, 2023

Listed (Active)

CRMLS #OC23050849

$8,325,000—
Oct 6, 2016

Sold (Public Record)

Public Record #583975214

$5,500,000

+3.3% / yr

Oct 30, 2004

Sold (Public Record)

Public Record #146069570

$3,750,000

+47.3% / yr

Jun 4, 2004

Sold (Public Record)

Public Record #141377584

$3,205,000—
Nov 6, 2003

Withdrawn / Cancelled

CRMLS #R34297

$3,399,000—
Nov 6, 2003

Withdrawn / Cancelled

CLAW #R34297MR

—
Jul 14, 2003

Listed (Active)

CRMLS #R34297

$3,399,000—
Jul 14, 2003

Listed (Active)

CLAW #R34297MR

$3,399,000—
Jul 14, 2003

Listed (Active)

CRMLS #CC226932

$3,399,000—
DateEvent & SourcePrice
08/18/2025

Listed (Active)

CRMLS #OC25185930

$8,750,000
08/18/2025

Listed (Active)

SDMLS #OC25185930

$8,750,000
08/18/2025

Listed (Active)

CLAW #OC25185930MR

$8,750,000
06/30/2023

Sold

CLAW #OC23050849MR

$7,650,000
06/30/2023

Sold

CRMLS #OC23050849

$7,650,000
06/30/2023

Sold

SDMLS #OC23050849

$7,650,000
05/01/2023

Pending

CRMLS #OC23050849

—
05/01/2023

Pending

SDMLS #OC23050849

—
05/01/2023

Pending

CLAW #OC23050849MR

—
03/29/2023

Listed (Active)

SDMLS #OC23050849

$8,325,000
03/29/2023

Listed (Active)

CLAW #OC23050849MR

$8,325,000
03/29/2023

Listed (Active)

CRMLS #OC23050849

$8,325,000
10/06/2016

Sold (Public Record)

Public Record #583975214

$5,500,000

+3.3% / yr

10/30/2004

Sold (Public Record)

Public Record #146069570

$3,750,000

+47.3% / yr

06/04/2004

Sold (Public Record)

Public Record #141377584

$3,205,000
11/06/2003

Withdrawn / Cancelled

CRMLS #R34297

$3,399,000
11/06/2003

Withdrawn / Cancelled

CLAW #R34297MR

—
07/14/2003

Listed (Active)

CRMLS #R34297

$3,399,000
07/14/2003

Listed (Active)

CLAW #R34297MR

$3,399,000
07/14/2003

Listed (Active)

CRMLS #CC226932

$3,399,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11932 207th Street

Taxable ValueLand$4,080,000Additions$3,723,000Total$7,803,000
Tax Record2025$95,871 ($7,989 / month)
Home Facts
Total Finished SqFt17,040 SqFtAbove Grade Finished SqFt17,040 SqFtLot Size33,011 SqFtStyleMulti-Family Res (5+ Units)Year Built1990ZoningLKMFCountyLOS ANGELESAPN7058-019-032

Schools near 11932 207th Street

This home is within Abc Unified School District.
Rating
School
Type
Grades
Distance
Aloha Elementary School
Public - K to 6
Fedde (Pharis F.) Middle School
Public - 7 to 8
Artesia High School
Public - 9 to 12
ABC Virtual Academy
Public - K to 8
Rating
School
Distance
Aloha Elementary School
PublicK to 6

Fedde (Pharis F.) Middle School
Public7 to 8

Artesia High School
Public9 to 12

ABC Virtual Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 11932 207th Street, Lakewood, CA 90715

11932 207th Street is a multi-family home for sale in Lakewood, CA 90715. This property was listed for sale on August 18, 2025 by Marcus & Millichap RE Invest, it's currently listed at $8,750,000. It has been on the market for a total of 119 days and was last sold on June 30, 2023. This listing's school district is Abc Unified School District. Nearby schools include Aloha Elementary School, Fedde (Pharis F.) Middle School and Artesia High School. 11932 207th Street is a 2-bed, 57-bath, 17,040 sqft multi-family home built in 1990.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.