11609 208th Street, Lakewood, CA 90715
- $1,650,000
- Sold Price
- $1,650,000
- List Price
- $1,699,000
- Closing Date
- Apr 20, 2026
- Status
- CLOSED
- MLS#
- PW25162914
- Year Built
- 1947
- Lot Size
- 10,510
- Acres
- 0.24
- Lot Location
- Cul-De-Sac
- Days on Market
- 163
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Quadruplex
- Stories
- One Level
Property Description
Rare Lakewood Fourplex - Turnkey Investment Opportunity Pride of ownership 4-unit property on an oversized 10,510 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.
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Additional Information
- Appliances
- Gas Range, Refrigerator
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- Neighborhood
- Exterior Construction
- Drywall, Stucco
- Roof
- Composition, Shingle
- Garage Spaces Total
- 4
- Sewer
- Public Sewer, Sewer Tap Paid
- Water
- Public
- Interior Features
- Granite Counters, All Bedrooms Down
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $97,980
- Operating Expense
- 8188
Listing courtesy of Listing Agent: Philip DeMatteo (philipdematteo@firstteam.com) from Listing Office: First Team Real Estate.
Listing sold by Frank Ly from Keller Williams Los Angeles
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.