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$1,650,000
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Property Description
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.
Full Property Details
Full Property Details for 11609 208th St
General
- Sold For: $1,650,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25162914
- Added to Site: 361 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Kitchen, Living Room
- Interior Features: Granite Counters
- Fireplace(s): None
- Appliances: Refrigerator, Gas Range
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
- Parking Features: Garage, On-Site
- Parking: Garage, On-Site
Location
- Area: 28 - Lakewood City
- County: Los Angeles
- Development Name: 28 - Lakewood City
- Driving Directions: Cross Street is Pioneer Blvd, North of Centralia St.
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Sewer Paid, Public Sewer
- Water: Public
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Architectural Style: Traditional
- Foundation: Slab
- Roof: Composition, Shingle
- Entry Location: Front
- Stories/Levels: One
- Stories Description: One
- Square Feet: 3,120
- Year Built: 1947
Unit Information
Unit 1
- Number of Units: 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.2413
- Lot Size Source: Assessor
- Zoning: LKMFR*
- Lot Description: Cul-de-Sac
Financial Considerations
- Price Per Sq. Ft.: $528.85
- Price Per Unit: 424750
Listed by First Team Real Estate, Philip DeMatteo
Sold by Keller Williams Los Angeles, Frank Ly
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Schools
Schools serving 11609 208th St
School District:Abc Unified School District
| Name | Grades | Distance |
|---|---|---|
Willow Elementary School, Lakewood, CA 11733 205th Street, Lakewood, CA 90715 | K-6 | 0.3 mi |
Haskell (Pliny Fisk) Middle School 11525 Del Amo Boulevard, Cerritos, CA 90703 | 7-8 | 0.4 mi |
Artesia High School 12108 E. Del Amo Blvd., Lakewood, CA 90715 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11609 208th St
Date
Details
Price
Change
Source
4/20/2026
Sold
$1,650,000
-2.88%
MLS
7/26/2025
Listed
$1,699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
11609 208th Street, Lakewood, CA 90715 (MLS# PW25162914) is a Multi-Family property that was sold at $1,650,000 on April 20, 2026. Want to learn more about 11609 208th Street? Do you have questions about finding other Multi-Family real estate for sale in Lakewood? You can browse all Lakewood real estate or contact a Coldwell Banker agent to request more information.

