Listing provided courtesy of Philip DeMatteo of First Team Real Estate. Last updated 2025-09-24 08:11:54.000000. Listing information © 2025 Sandicor.
Asking Price: $1,699,000 |
11609 208th, Lakewood CA 90715
Community: 28 - Lakewood City
This Quadruplex property was built in 1947 and is priced at $1,699,000. Please see the additional details below.
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.
