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11609 208th Street, 
Lakewood, CA 90715

$1,699,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Philip Dematteo

First Team Real Estate

Last updated:

August 9, 2025, 04:24 PM

MLS#

PW25162914

Source:

CAREIL

About This Home

11609 208th Street

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.

Home Facts

Multi-Family

Built in 1947

Price Summary

1,699,000

MLS #:

PW25162914

Last Updated:

August 9, 2025, 04:24 PM

Added:

14 day(s) ago


Structure

Structure

Architectural Style:

Traditional

Year Built:

1947


Lot

Lot Size (Sq. Ft):

10,510


Finances & Disclosures

Finances

Price:

$1,699,000

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