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About the Listing PB4438 - PDEMAPHI
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.
Listing Highlights for 11609 208th St
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Gas Range, Refrigerator
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Granite Counters,All Bedrooms Down
- Water: Public
Exterior Details
- Lot Description: Cul-De-Sac,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 8
- Zoning: LKMFR*
- Roof: Composition,Shingle
- Others: Fixer,Drywall,Stucco,2+ Total Units
- Sewer: Public Sewer,Sewer Tap Paid
- Parking Features: Garage,On Site
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7059014014
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
11609 208th St Lakewood, CA 90715
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