Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1947
Sq.Footage
N/A
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.
Features & Amenities
Interior
-
Other Interior Features
Granite Counters
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Wall Furnace
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Stucco
-
Parking
Garage, On Site
-
Pool
Yes
-
Pool Features
None
-
View
Neighborhood
Area & Lot
-
Lot Features
Cul-De-Sac
-
Lot Size(acres)
0.2413
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Traditional
Price
-
Sales Price
$1,699,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
180
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Philip DeMatteo , First Team Real Estate
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