11609 208th ST, Lakewood, CA 90715 - MLS#PW25162914

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,699,000

Est. payment | -/mo

10,511 Sqft Lot

Save

$ 1,699,000

Est. payment | -/mo

Save

10,511 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25162914

Construction Status Fixer

HOA Y/N No

Year Built 1947

Lot Size 10,511 Sqft

Property Sub-Type Quadruplex

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.

Location

State CA

County Los Angeles

Area 28 - Lakewood City

Zoning LKMFR*

Interior

Interior Features Granite Counters, All Bedrooms Down

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Gas Range, Refrigerator

Laundry Inside

Exterior

Parking Features Garage, On Site

Garage Spaces 4.0

Carport Spaces 4

Garage Description 4.0

Fence Block

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Composition,Shingle

Total Parking Spaces 8

Private Pool No

Building

Lot Description Cul-De-Sac

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer, Sewer Tap Paid

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 7059014014

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by Philip DeMatteo First Team Real Estate 562-254-6883

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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11609 208th ST Lakewood, CA 90715