11609 208th Street, Lakewood, CA 90715

  • $1,699,000
11609 208th Street, Lakewood, CA 90715
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11609 208th Street, Lakewood, CA 90715
11609 208th Street, Lakewood, CA 90715
  • $1,699,000

Description

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.

  • Address 11609 208th Street
  • State/county CA
  • Zip/Postal Code 90715
  • Area None
  • Country US

Details

Updated on August 6, 2025 at 4:08 am
  • Property ID: PW25162914
  • Price: $1,699,000
  • Property Size: 3120 Square Feet
  • Land Area: 0.2413 Acres
  • Garages: 4.0
  • Garage Size: x x
  • Year Built: 1947
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active

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  • Hoyt Hochman