11609 208th Street
Lakewood, CA, 90715
$1,699,000
Beds
0 Baths
SqFt
0.24 Acres
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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.

Property Details

Price:
$1,699,000
MLS #:
PW25162914
Status:
Active
Baths:
0
Address:
11609 208th Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
28lakewoodcity
City:
Lakewood
Listed Date:
Jun 5, 2025
State:
CA
ZIP:
90715
Lot Size:
10,510 sqft / 0.24 acres (approx)
Year Built:
1947
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Interior

Appliances
Gas Range, Refrigerator
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Heating
Wall Furnace
Interior Features
Granite Counters

Exterior

Community Features
Sidewalks, Street Lights
Fencing
Block
Foundation Details
Slab
Garage Spaces
4.00
Lot Features
Cul- De- Sac
Parking Features
Garage, On Site
Parking Spots
8.00
Pool Features
None
Roof
Composition, Shingle
Sewer
Public Sewer, Sewer Paid
Stories Total
1
View
Neighborhood
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
Electricity, Gas
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

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Community

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Rover IDX
11609 208th Street
Lakewood, CA