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11609 208th Street, Lakewood, CA 90715
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$1,699,000
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Home Details for 11609 208th Street
Price
$1,699,000
Type
Multi Family
Year Build
1947
Lot Size
0.2413
County
Los Angeles
Garage
4
MLS®️ Listing#
PW25162914
On exitrealty.com
184 days
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.
- Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Parking
- Garage
- On Site
- Cooling Information
- Wall/Window Unit(s)
- Heating Information
- Wall Furnace
- Water Features
- Public
- House Interior
- Granite Counters
- Fire Place
- None
Listing Courtesy: First Team Real Estate - 562-254-6883. Presented by: Philip DeMatteo
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-01-13 19:30:39 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT ALLIANCE REALTY
43521 Ridge Park Suite 201, Temecula, CA 92590
Licensed in the state of California.
CA DRE# 01924483. Shawn Sorensen broker.
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$1,699,000
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EXIT ALLIANCE REALTY
43521 Ridge Park Suite 201, Temecula, CA 92590
Licensed in the state of California.
CA DRE# 01924483. Shawn Sorensen broker.