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.
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:
A
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
28
Listed Date:
Jul 26, 2025
Total Sq Ft:
3,120
Lot Size:
10,510 sqft / 0.24 acres (approx)
Year Built:
1947
See this Listing
Schools
Interior
Appliances
RF, GR
Cooling
WW
Heating
WL
Laundry Features
IN
Exterior
Architectural Style
TRD
Community Features
SDW, SL
Construction Materials
STC, DWAL
Parking Spots
8
Roof
CMP, SHN
Financial
Map
Community
- Address208th ST Lot 180 Lakewood CA
- SubdivisionOther (OTHR)
- CityLakewood
- CountyLA
- Zip Code90715
Subdivisions in Lakewood
Market Summary
Current real estate data for Single Family in Lakewood as of Oct 30, 2025
63
Single Family Listed
35
Avg DOM
596
Avg $ / SqFt
$1,111,388
Avg List Price
Property Summary
- Located in the Other (OTHR) subdivision, 208th ST Lot 180 Lakewood CA is a Single Family for sale in Lakewood, CA, 90715. It is listed for $1,699,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1947. The average price per square foot for Single Family listings in Lakewood is $596. The average listing price for Single Family in Lakewood is $1,111,388.
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Courtesy of First Team Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.208th ST Lot 180
Lakewood, CA