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Listed by Philip DeMatteo • First Team Real Estate
$1,699,000
Est. payment /mo
10,510 Sqft Lot
Active
11609 208th ST Lakewood, CA 90715
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25162914
Style Traditional
Year Built 1947
Lot Size 10,510 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Rare Lakewood Fourplex - Turnkey Investment Opportunity Pride of ownership 4-unit property on an oversized 10,498 sq ft lot. Unit mix: (3) 2BD/1BA + (1) 2BD+bonus/1BA totaling 3,120 sq ft. Each unit features a private garage and in-unit laundry. Property includes 4 additional parking spaces, fenced yard, courtyard BBQ area with stack-stone landscaping. Recent upgrades: new roof (2025) right building, New roof left side structures in 2019, Main water line replaced to each unit 2017, fresh exterior paint. Fully occupied with quality long-term tenants. Separately metered gas/electric, owner pays water. Investment Metrics: $97,980 gross income, $69,404 NOI, 4.08% cap rate. Immediate cash flow with upside potential in prime Lakewood location.
Location
State CA
County Los Angeles
Area 28 - Lakewood City
Rooms
Kitchen Oven Range - Gas, Refrigerator
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry Other
Exterior
Parking Features Garage, Common Parking Area
Garage Spaces 8.0
Pool None
View Local/Neighborhood
Roof Type Shingle,Composition
Building
Lot Description Corners Marked
Story One Story
Foundation Concrete Slab
Sewer Sewer Available
Water District - Public
Architectural Style Traditional
Others
Tax ID 7059014014
Special Listing Condition Not Applicable
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