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11720 208th Street

Lakewood, CA 90715
  • $799,900
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: PW23018641
UPDATED: 47 min ago
$799,900
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
East Lakewood (Elk)
Type:
Multi-Family
Built:
1953
County:
Los Angeles
Area:
26 - Lakewood East

School Ratings & Info

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Listing Agent(s): Daniel Hopkins of Lyon Stahl Investment Real Est (310-425-9838)


Description

Duplex Opportunity!! Two units in separate structures situated on a 7000 SQF lot. The front unit is a 2 bed 1 bath roughly 800 SQF with an attached garage and the back unit is also a 2 bed 1 bath with a nice fenced in yard area. There is plenty of parking for multiple cars and strong initial income from current tenants with room to improve revenue over time. This property is professionally managed and would make a great investment for anyone looking to start buying real estate or a seasoned investor looking to expand their portfolio. Further more, this property offers easy access to freeways, plenty of shops and super centers, dinning, malls, and the ABC School district.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-22T07:34:42.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/136659621
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11720 208th Street Lakewood, CA 90715

  • Price: $799,900
  • Status: Active
  • On Site: 47 Days
  • Updated: 47 min ago
  • MLS #: PW23018641
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1953
Built
Neighborhood:
East Lakewood (Elk)
County:
Los Angeles
Area:
26 - Lakewood East
Property Description
Duplex Opportunity!! Two units in separate structures situated on a 7000 SQF lot. The front unit is a 2 bed 1 bath roughly 800 SQF with an attached garage and the back unit is also a 2 bed 1 bath with a nice fenced in yard area. There is plenty of parking for multiple cars and strong initial income from current tenants with room to improve revenue over time. This property is professionally managed and would make a great investment for anyone looking to start buying real estate or a seasoned investor looking to expand their portfolio. Further more, this property offers easy access to freeways, plenty of shops and super centers, dinning, malls, and the ABC School district.
Exterior Features

Fencing None Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Open Parking Spaces 5 Parking Features Direct AccessDrivewayGarage Parking Total 6 Pool Features None Pool Private YN No Property Attached YN No Road Surface Type Paved Roof Shingle View None View YN No

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4 Common Interest None Community Features Sidewalks Electric Standard Electric Expense 0 Exclusions All Tenants Belongings Fuel Expense 0 Garage YN Yes Gross Income 49678 Gross Scheduled Income 49678 Insurance Expense 0 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanConventional1031 Exchange Net Operating Income 32291 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 17387 Possession Close Of Escrow Property Condition Turnkey Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 4139 Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lkmfr*



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-22T07:34:42.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Daniel Hopkins of Lyon Stahl Investment Real Est (310-425-9838)