About 11609 208th Street
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.
Features of 11609 208th Street
| MLS® # | PW25162914 |
|---|---|
| Price | $1,699,000 |
| Sold Price | $1,650,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Lot Sqft | 10,510 |
| Acres | 0.24 |
| Year Built | 1947 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Traditional |
| Status | Closed |
| # Of Units | 4 |
Community Information
| Address | 11609 208th Street |
|---|---|
| Area | 28 - Lakewood City |
| Subdivision | none |
| City | Lakewood |
| County | Los Angeles |
| Zip Code | 90715 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 8 |
| Parking | Garage, On Site |
| # of Garages | 4 |
| Garages | Garage, On Site |
| View | Neighborhood |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior Features | All Bedrooms Down, Granite Counters |
|---|---|
| Appliances | Gas Range, Refrigerator |
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior | Drywall, Stucco |
|---|---|
| Lot Description | Cul-De-Sac |
| Roof | Composition, Shingle |
| Construction | Drywall, Stucco |
| Foundation | Slab |
Additional Information
| Date Listed | June 5th, 2025 |
|---|---|
| Date Sold | April 20th, 2026 |
| Days on Market | 163 |
| Zoning | LKMFR* |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Philip Dematteo |
|---|---|
| Office | First Team Real Estate |