Property summary
This two-story, 6-unit apartment building in Lakewood, CA, offers a compelling investment opportunity. The property, built in 1978, boasts 6,142 square feet on a 0.25-acre lot and features a desirable mix of spacious two and three-bedroom units. Three-bedroom units include three full bathrooms, private patios and balconies, and in-unit laundry. Amenities include an on-site laundry facility and ample garage parking (8 spaces). Select units offer private patios or balconies. The property's… stand-alone garage building presents potential for expansion, such as adding an accessory dwelling unit (ADU) to increase rental income. Its prime location is within walking distance of Lakewood Square and Holmes Elementary School, and just over 0.25 miles from the Lakewood Center, a large shopping mall with numerous restaurants and entertainment options. The proximity to Long Beach Airport (within 2 miles) further enhances its appeal. The current NOI is $95,944, with a pro-forma NOI of $143,717, resulting in a 4.43% cap rate and a pro-forma cap rate of 6.64%. The asking price is $2,165,000, or $360,833 per unit. The property is offered fee simple. Please note: Drive by only
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 9 properties nearbyComparable nearby
Similar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,142 SF
- Lot area
- 0.25 ac
- Year built
- 1978
- APN
- 7155-003-010
- Zoning
- LKMFR*
- Assessed value · 2024
- $812,473
- Annual tax · 2024
- $12,416
- Medical Building
- Office Building
- Retail Stores
- Apartment House (5+ Units) · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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