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Listed by Philip DeMatteo • First Team Real Estate
$1,699,000
Est. payment /mo
3,120 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $544
MLS Listing ID CRPW25162914
HOA Y/N No
Year Built 1947
Lot Size 10,510 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
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.
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Inside
Exterior
View Other
Building
Lot Description Cul-De-Sac
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613