11609 208th St Lakewood, CA 90715
Eastern Lakewood NeighborhoodEstimated payment $9,774/month
Highlights
- 0.24 Acre Lot
- Traditional Architecture
- No HOA
- Haskell Stem Academy Rated A-
- Granite Countertops
- Neighborhood Views
About This Home
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 Agent
First Team Real Estate Brokerage Phone: 562-254-6883 License #01384378 Listed on: 07/26/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,660
Year Built
- Built in 1947
Lot Details
- 10,510 Sq Ft Lot
- No Common Walls
- Cul-De-Sac
- Block Wall Fence
Parking
- 4 Car Garage
- 4 Carport Spaces
- Parking Available
Home Design
- Quadruplex
- Traditional Architecture
- Entry on the 1st floor
- Fixer Upper
- Slab Foundation
- Fire Rated Drywall
- Shingle Roof
- Composition Roof
- Stucco
Interior Spaces
- 3,120 Sq Ft Home
- 1-Story Property
- Living Room
- Neighborhood Views
- Laundry Room
Kitchen
- Gas Range
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Sewer Paid
Listing and Financial Details
- Tax Lot 180
- Assessor Parcel Number 7059014014
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Electric Expense $288
- Insurance Expense $5,500
- Water Sewer Expense $2,400
- New Taxes Expense $20,388
- Operating Expense $8,188
- Gross Income $97,980
- Net Operating Income $69,404
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,660 | $596,695 | $362,075 | $234,620 |
| 2024 | $8,660 | $584,996 | $354,976 | $230,020 |
| 2023 | $8,328 | $573,526 | $348,016 | $225,510 |
| 2022 | $8,173 | $562,282 | $341,193 | $221,089 |
| 2021 | $7,770 | $551,257 | $334,503 | $216,754 |
| 2020 | $7,549 | $545,606 | $331,074 | $214,532 |
| 2019 | $7,589 | $534,909 | $324,583 | $210,326 |
| 2018 | $6,709 | $524,421 | $318,219 | $206,202 |
| 2016 | $6,551 | $504,059 | $305,863 | $198,196 |
| 2015 | $6,791 | $496,488 | $301,269 | $195,219 |
| 2014 | $6,482 | $486,763 | $295,368 | $191,395 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2025 07/26/25 | For Sale | $1,699,000 | -- | $545 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation | |
| Grant Deed | -- | Ticor Title Company Of Ca | |
| Interfamily Deed Transfer | -- | Ticor Title Company Of Ca | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | -- | Title 365 | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $405,000 | North American Title Co | |
| Grant Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $553,000 | New Conventional | |
| Previous Owner | $557,810 | Commercial | |
| Previous Owner | $455,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $119,467 | Credit Line Revolving | |
| Previous Owner | $399,000 | Unknown | |
| Previous Owner | $329,600 | No Value Available | |
| Closed | $41,200 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25162914
APN: 7059-014-014
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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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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