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11609 208th StreetLakewood, CA 90715

For Sale

$1,699,000

Smart Buyer Rebate $16,990

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.

Listed by Philip DeMatteo

·

License #01384378

·

First Team Real Estate

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562-254-6883

Last updated November 13, 2025

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Source: CRMLS #PW25162914

Listing Facts

  • TypeMulti-family
  • NeighborhoodEastern Lakewood
  • Days on Prevu116

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/29/2025
Status changed to Active
$1,699,000
10/22/2025
Status changed to Removed from Feed
$1,699,000
10/18/2025
Status changed to Active
$1,699,000
10/16/2025
Status changed to Removed from Feed
$1,699,000
10/05/2025
Status changed to Active
$1,699,000
10/03/2025
Status changed to Removed from Feed
$1,699,000
09/20/2025
Status changed to Active
$1,699,000
09/19/2025
Status changed to Removed from Feed
$1,699,000
09/18/2025
Status changed to Active
$1,699,000
09/17/2025
Status changed to Removed from Feed
$1,699,000
09/16/2025
Status changed to Active
$1,699,000
09/14/2025
Status changed to Removed from Feed
$1,699,000
09/12/2025
Status changed to Active
$1,699,000
09/05/2025
Status changed to Removed from Feed
$1,699,000
09/05/2025
Status changed to Active
$1,699,000
09/04/2025
Status changed to Removed from Feed
$1,699,000
09/01/2025
Status changed to Active
$1,699,000
08/29/2025
Status changed to Removed from Feed
$1,699,000
07/26/2025
Listed by First Team Real Estate
$1,699,000

Property Details for 11609 208th Street

Association

Amenities

  • Community Features: Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 4
  • Property Condition: Fixer
  • Roof: Composition, Shingle
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1947
  • Architectural Style: Traditional
  • Common Walls: No Common Walls
  • Construction Materials: Drywall, Stucco
  • Entry Level: 1
  • Entry Location: Front

Features

  • Fencing: Block
  • Road Frontage Type: City Street
  • View: Neighborhood

Measurements

  • Building Area Total: 3,120
  • Building Area Units: Square Feet
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.24
  • Lot Size Area: 10,510
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 10,510
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.08
  • Gross Income: $97,980.00
  • Operating Expense: $8,188.00

Taxes

  • Parcel Number: 7059014014

Interior

Features

  • Appliances: Gas Range, Refrigerator
  • Interior Features: Granite Counters, All Bedrooms Down

Other

Location

  • Tax Lot: 180

Parking

Parking

  • Carport Spaces: 4
  • Carport: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Features: Garage, On Site
  • Parking Total: 8

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer,Sewer Tap Paid
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.