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

Lakewood, CA, 90715
$ 1,699,000
Baths1.0 Sq 3,120

Monthly Estimate*

$ 10,600

Listed by First Team Real Estate
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Studio

Multi-Family Home for sale in Lakewood, CA

for $1,699,000 with 1 full bath. This 3,120 square foot home was built in 1947 on a lot size of 0.2413.

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.

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Multi-Family Active

Price

$ 1,699,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2413

Year Built

1947

Town/City

Lakewood

County/Region

Los Angeles

MLS | Web ID

PW25162914

Days on Market

203

Features
General
Sewer Public Sewer Sewer Tap Paid
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Roof Composition Shingle
Appliances Gas Range Refrigerator
Zoning LKMFR*
HOA Fee 0
Garage Spaces 4
Architectural Style Traditional
Pool Features None
Construction Materials Drywall Stucco
Year Built 1947
Tenant Pays Electricity Gas
View Neighborhood
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 97980
Community Features Street Lights Sidewalks
County Los Angeles
Net Operating Income 69404
Operating Expense 8188
Insurance Expense 5500
New Construction 0
Property Type Residential Income
HOA 0
MaintenanceExpense 0
Subdivision Name none
Garage Y/N 1
Special Listing Conditions Standard
Status Active
Directions Cross Street is Pioneer Blvd North of Centralia St.
City Lakewood
Entry Location Front
Senior Community Y/N 0
Number Of Units Total 4
MLS Area 28 - Lakewood City
Lot Size Units Square Feet
Lot Size Square Feet 10510
Carport Spaces 4
Carport Y/N 1
Listing Terms Cash Cash to New Loan Conventional
Property Attached Y/N 0
Land Lease Y/N 0
Electric Expense 288
Fuel Expense 0
Property Condition Fixer
Trash Expense 0
Water Sewer Expense 2400
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 180
Property Sub Type Additional Quadruplex
Expected Active Date 2025-07-26
Taxes 20388
Cap Rate 4.08
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Interior
Interior Amenities Granite Counters All Bedrooms Down
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N 1
Heating Y/N 1
Fireplace Y/N 0
Laundry Features Inside
Entry Level 1
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Exterior
Fencing Block
Parking Features Garage On Site
Lot Features Cul-De-Sac
Water Source Public
Total Parking 8
Lot Size Area 10510
Foundation Details Slab
Number of Buildings 3
Building Area Total 3120
Lot Size Acres 0.2413
Road Surface Type Paved
Private Pool 0
Lot Size Source Assessor
Pool Charge 0
Number of Separate Water Meters 0
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type City Street
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* Excluded Features
List By
First Team Real Estate

Broker

philipdematteo@firstteam.com

Email

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Monthly Principal & Interest
$10,600
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,699,000 Listed Price

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11609 208th Street, Lakewood, CA, 90715 is a Multi-Family Home for sale at $1,699,000 with 3,120 sqft and a lot size of 0.2413. 11609 208th Street is a studio with 1.0 baths and was built in 1947. The property's zip code is 90715 which is in Lakewood, CA