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.
Sold for $1,650,000
Listed by: First Team Real Estate • Philip DeMatteo • Contact: 562-596-9911
Bought with: Keller Williams Los Angeles
$1,650,000
11609 208th St, Lakewood, CA 90715
8beds
4baths
3,120sqft
Quadruplex
Built in 1947
-- sqft lot
$1,655,300 Zestimate®
$529/sqft
$3,653 Estimated rent
Home value
$1,655,300
$1.51M - $1.82M
$3,653/mo
Zestimate® history
Owner options
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$3,653/mo
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$3,653/mo
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$10,467/mo
Est. payment
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$10,467/mo
Est. payment
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List your homeWhat's special
Fenced yardFresh exterior paintIn-unit laundryPrivate garage
Zillow last checked:
Listing updated:
Listed by:
Philip DeMatteo DRE #01384378 562-254-6883,
First Team Real Estate
Bought with:
Frank Ly, DRE #02189144
Keller Williams Los Angeles
Source: CRMLS,MLS#: PW25162914
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Rooms
- Room types: Bedroom, Kitchen, Living Room
Bedroom
- Features: All Bedrooms Down
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Range, Refrigerator
- Laundry: Inside
Features
- Granite Counters, All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,120
- Total interior livable area: 3,120 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage, On Site
- Garage spaces: 4
- Carport spaces: 4
- Covered spaces: 8
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
- Fencing: Block
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 10,510 Square Feet
- Features: Cul-De-Sac
Details
- Parcel number: 7059014014
- Zoning: LKMFR*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
Materials
- Drywall, Stucco
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Fixer
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer, Sewer Tap Paid
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Street Lights, Sidewalks
- Subdivision: None
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $529/sqft
- Tax assessed value: $596,695
- Annual tax amount: $8,998
- Date on market: 7/26/2025
- Cumulative days on market: 163 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Sold | $1,650,000-2.9%$529/sqft |
Source:  CRMLS #PW25162914 Report a problem | ||
| 4/7/2026 | Pending sale | $1,699,000$545/sqft |
Source: CRMLS #PW25162914 Report a problem | ||
| 1/14/2026 | Contingent | $1,699,000$545/sqft |
Source: CRMLS #PW25162914 Report a problem | ||
| 7/26/2025 | Listed for sale | $1,699,000+136%$545/sqft |
Source: CRMLS #PW25162914 Report a problem | ||
| 8/14/2013 | Listing removed | $719,900$231/sqft |
Source: Flavio Andrioli, Broker #OC13079262 Report a problem | ||
| 8/8/2013 | Price change | $719,900-0.7%$231/sqft |
Source: Flavio Andrioli, Broker #OC13079262 Report a problem | ||
| 6/25/2013 | Price change | $724,900-1.3%$232/sqft |
Source: Flavio Andrioli, Broker #OC13079262 Report a problem | ||
| 6/14/2013 | Price change | $734,700+1.4%$235/sqft |
Source: Flavio Andrioli, Broker #OC13079262 Report a problem | ||
| 5/31/2013 | Price change | $724,900-1.4%$232/sqft |
Source: Flavio Andrioli, Broker #OC13079262 Report a problem | ||
| 5/27/2013 | Price change | $735,100-1.9%$236/sqft |
Source: Flavio Andrioli, Broker #OC13079262 Report a problem | ||
| 5/2/2013 | Listed for sale | $749,000+8.7%$240/sqft |
Source: Flavio Andrioli, Broker #OC13079262 Report a problem | ||
| 10/22/2010 | Listing removed | $689,000$221/sqft |
Source: First Team Real Estate #P732848 Report a problem | ||
| 5/1/2010 | Listed for sale | $689,000+70.1%$221/sqft |
Source: First Team Real Estate #P732848 Report a problem | ||
| 12/24/2002 | Sold | $405,000$130/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,998 +3.9% | $596,695 +2% |
| 2024 | $8,660 +4% | $584,996 +2% |
| 2023 | $8,328 +1.9% | $573,526 +2% |
| 2022 | $8,173 +5.2% | $562,282 +2% |
| 2021 | $7,770 +2.9% | $551,257 +1% |
| 2020 | $7,549 | $545,606 +2% |
| 2019 | $7,549 +12.5% | $534,909 +2% |
| 2018 | $6,709 | $524,421 +2% |
| 2017 | $6,709 +1.9% | $514,139 +2% |
| 2016 | $6,585 +0.5% | $504,059 +1.5% |
| 2015 | $6,551 +1.1% | $496,488 +2% |
| 2014 | $6,482 | $486,763 +4.5% |
| 2011 | -- | $465,750 +0.8% |
| 2010 | -- | $462,270 -0.2% |
| 2009 | -- | $463,369 +6.1% |
| 2006 | -- | $436,645 +4% |
| 2004 | -- | $419,691 +1.9% |
| 2003 | -- | $412,000 +42.8% |
| 2002 | -- | $288,466 +4% |
| 2000 | -- | $277,267 |
Find assessor info on the county website
Neighborhood: 90715
Nearby homes
- $1,203,3007 bd3 ba3.1k sqft11603 208th St, Lakewood, CA 90715Off Market
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- $616,0002 bd2 ba950 sqft11625 208th St UNIT E, Lakewood, CA 90715Off Market
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Nearby schools
GreatSchools rating
- 5/10Willow Elementary SchoolGrades: K-6Distance: 0.3 mi
- 6/10Haskell (Pliny Fisk) Middle SchoolGrades: 7-8Distance: 0.5 mi
- 5/10Artesia High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$1,655,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,655,300
- California
- Los Angeles County
- Lakewood
- 90715
- 11609 208th St
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