11609 208th Street, Lakewood, CA 90715
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
11609 208th Street,Lakewood, CA 90715
$1,699,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: philip dematteo
Office: first team real estate
MLS#:PW25162914
Source:CAREIL
Price summary
- Price:$1,699,000
About this home
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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Home facts
- Year built:1947
- Listing ID #:PW25162914
- Added:234 day(s) ago
- Updated:March 31, 2026 at 04:13 PM
Rooms and interior
- Kitchen Description:Refrigerator
Heating and cooling
- Cooling:Window/Wall Unit
- Heating:Wall Furnace
Structure and exterior
- Roof:Composition, Shingle
- Year built:1947
- Lot area:0.24 Acres
- Lot Features:Corners Marked, Cul-de-sac, Mid Block
- Architectural Style:Traditional
- Foundation Description:Concrete Slab
- Levels:1 Story
Utilities
- Water:District - Public
- Sewer:Sewer Available
Finances and disclosures
- Price:$1,699,000
Parking
- Parking description:4 Cars Carport, Common Garage, Garage
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