$1,699,000

11609 208th Street, Lakewood, CA 90715

  • 4 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon10,511sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 months ago

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.

Listing Status:
Active
Listing Office:
First Team Real Estate : 562-596-9911
Listing Agent:
Philip DeMatteo : 562-254-6883
MLS ID:
PW25162914
  • A/C: Wall/Window
  • Pool: N/K
  • Roofing: Composition
  • General: Stucco1 Story
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: Public Rec7059014014
  • Utilities: Sewer Connected
  • Source: California Regional MLS

This listing courtesy of Philip DeMatteo, First Team Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Willow Elementary School

11733 205th St, Lakewood, CA, 90715

Grades EE-6

0.28 miles away

H

Haskell STEM Academy

11525 Del Amo Blvd, Cerritos, CA, 90703

Grades 7-8

0.35 miles away

A

Artesia High School

12108 Del Amo Blvd, Lakewood, CA, 90715

Grades 9-12

0.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.