11626 206Th St, Lakewood, CA 90715
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11626 206Th St Lakewood, CA 90715

$1,249,999
  • 7 Beds
  • 4 Baths
  • 2,574 Sq.Ft.
Back Up Offer
$1,249,999 Get Pre-Qualified

Map preview of 11626 206Th St, Lakewood, CA 90715

Property Overview: 11626 206Th St Lakewood, CA has 7 bedrooms, 4 bathrooms, 2,574 living square feet and 7,076 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: TRIPLEX FOR SALE! The front house has 3 Bedrooms and 2 Bathrooms, the roof is 2 years old with new electrical and copper plumbing, including wood laminate floors, an upgraded kitchen with granite counters, two upgraded bathrooms, and a private main bath with a private patio. The other two units in the back are 2 beds and 1 bath each unit. Both were remodeled. The bottom unit did not get the kitchen remodeled, The back unit roof is 11 years old with new electrical and copper plumbing as well, and easy access to the Freeway, schools, and shopping center, (Potentially Build up 8 Units Buyer to verify with the city & permits) (Please Do not disturb the Tenants)

Listed by Salvador Ortuno Bermudez | BRE #02100849 | Century 21 Allstars
Last checked: 4 minutes ago | Last updated: April 22nd, 2024 | Source CRMLS | DOM: 22
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Home details

Lot Sq. Ft
7,076
HOA Dues
$0/mo
Year built
1920
Garage
2 Car
Property Type:
Triplex
Status
Back Up Offer
MLS#
DW24070786
City
Lakewood
County
Los Angeles
Time on Site
22 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1
  • Total Rent: $1
  • Pro Forma/Market Rent: $1
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1
  • Total Rent: $1
  • Pro Forma/Market Rent: $1
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1
  • Total Rent: $1
  • Pro Forma/Market Rent: $1
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $81,000
  • Net Operating Income: $58,140
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $22,860
  • Electric: $1,440
  • Gas/Fuel: $0
  • New Taxes: $14,880
  • Trash: $1,500
  • Insurance: $3,600
  • Water/Sewer: $1,440

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Property Details for 11626 206Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: One, Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 7059015021
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: East Lakewood (ELK)
  • Other Subdivision Name: Lakewood Park/Long Beach (LLB)
  • Directions: Use GPS
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

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Sale History for 11626 206Th St

Last sold on February 27th, 1997
  • April, 2024

  • Apr 22, 2024

    Date

    Back Up Offer

    CRMLS: DW24070786

    $1,249,999

    Price

  • Apr 10, 2024

    Date

    Active

    CRMLS: DW24070786

    $1,249,999

    Price

  • July, 2023

  • Jul 19, 2023

    Date

    Expired

    CRMLS: DW23086068

    $1,240,000

    Price

  • May 17, 2023

    Date

    Active

    CRMLS: DW23086068

    $1,240,000

    Price

  • Listing provided courtesy of CRMLS

    BUILD 8 UNITS (check w city). Lot next door is permitted for 8-unit development. 4.83% CAP RATE in Lakewood (good bones) with HIGH RENTAL DEMAND. Great bones: front house roof is 1 yr old w new electrical and copper plumbing. The front main house is a separate home with 3 beds and 2 baths. Including wood laminate floors, upgraded kitchen with granite counters, two upgraded bathrooms, private main bath with its own private patio. The other two units (back) are both 2 beds and 1 bath. Both were remodeled. However the bottom unit did not get kitchen remodeled (both tenants are paying on time). Back unit roof is 10 years old with new electrical and copper plumbing as well. Easy access to freeways, shopping, and schools. The two back units have under value rents (room for growth). Buyer to verify permits for themselves. This deal will not last.

  • October, 2022

  • Oct 31, 2022

    Date

    Expired

    CRMLS: RS22154459

    $1,294,000

    Price

  • Jul 19, 2022

    Date

    Active

    CRMLS: RS22154459

    $1,330,000

    Price

  • Listing provided courtesy of CRMLS

    3 Unit Lakewood Gem Great opportunity for wise investor or family who would enjoy this three unit complex****Front main house features 3 bedrooms and two bathrooms****Two other units are 2 bedroom 1 bathroom rentals****Front house is separate from the back units, features include wood laminate floors, upgraded kitchen with granite counters, two upgraded bathrooms, private main bedroom with its own private bathroom and walk-in closet, copper piped, upgraded electrical system, ceiling fans in all rooms**** upstairs features newer kitchen with granite counters, upgraded bathrooms, laminate floors throughout, ceiling fans everywhere****3rd unit has similar features plus its own private patio****These residences feed into the award winning ABC Unified School District featuring this years rated number one high school Whitney H.S. (entry test required) Easy access to freeways, shopping and schools. Has the potential to be a real money maker as current rents are below market value****These will sell very quickly so don't wait to see them****

  • February, 1997

  • Feb 27, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 1997

  • Feb 27, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 11626 206Th St

Assessed Value (2020): $282,937
Year Land Value Improved Value Assessed Value
2020 $186,147 $96,790 $282,937

Home Value Compared to the Market

This property vs the competition

11626 206Th St is listed 47.06% higher than the median list price for the city of Lakewood which has a median list price of $849,999. The median price per/sqft for Lakewood is $638 and this home is listed at $485.63 per/sqft which puts the price per square foot 23.88% lower than the median price per square foot for the city of Lakewood.

About 11626 206Th St

Detailed summary of property

11626 206Th St is a triplex located in Lakewood, CA 90715 and is currently in escrow to be sold. This triplex offers 7 bedrooms, 4 bathrooms, roughly 2,574 living square feet, and sits on an approximately 7,076 square foot lot. 11626 206Th St was first listed on ArdentRealEstateGroup.com on April 10, 2024. The homeowner is currently asking $1,249,999. The median priced home in Lakewood is $849,999 with a median price per square foot of $638. Based on Ardent Real Estate Group's Lakewood Market Data, this home is listed 47.06% higher than the median priced home. Local competing homes currently for sale include 8721 Lyndora St, 4110 E Vermont St and 6052 Homewood Ave. While the average home in Lakewood, CA is selling in 30 days, 11626 206Th St has a days on market of 22 days. There are currently 88 homes for sale in the Lakewood real estate market and 82 of them are single family homes while 4 of them are condos and 2 are townhomes. For more information on this home for sale at 11626 206Th St Lakewood, CA 90715 contact Ardent Real Estate Group and we will put you in touch with one of our Lakewood agents.

Public Facts for 11626 206Th St

Public county record property details
Beds
6
Baths
3
Year built
1920
Sq. Ft.
2,574
Lot Size
7,075
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
109,110
APN
7059-015-021

The source for these homes facts are from public records.

90715 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$716
Median Sold Price
$770,000
Median Sold Price/Sq.Ft.
$554
Total Inventory
11
Median Sale to List Price %
100.13%
Avg Days on Market
30
Loan Type
Conventional (88.89%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.