3
See all 3 photos
$1,699,000
Est. payment /mo
4 Beds
2 Baths
New
11609 208th Street Lakewood, CA 90715
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25162914
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
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
Zoning Public Rec
Direction Cross Street is Pioneer Blvd, North of Centralia St.
Interior
Cooling Wall/Window
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Tax ID 7059014014
Listed by Philip DeMatteo First Team Real Estate