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3823 Stockbridge

Los Angeles (City), CA 90032
  • $2,024,888
  • STATUS: Active
  • ON SITE: 225 Days
  • MLS #: CV26041008
UPDATED: 24 min ago
$2,024,888
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1957
County:

School Ratings & Info

Listing Agent(s): Kevin Gonzalez of eXp Realty of Southern California Inc (888-294-1415)


Description

Rarely does an opportunity like this come to market. Offered for the first time ever, this exceptional 5-unit investment property showcases true pride of ownership and meticulous long-term care. Featuring four spacious 2-bedroom, 1-bath units plus a detached 3-bedroom, 2-bath rear home, the property offers a highly desirable unit mix that drives strong tenant demand and lasting stability. Zoned GLR3 with outstanding building opportunities, the property also presents the potential to add three additional units—unlocking the ability to create an eight-unit complex and significantly increase income and long-term value. This is a true turnkey asset—clean, well maintained, and already performing—featuring six garage spaces with additional rental upside and an on-site laundry room that generates steady income with room to grow. No deferred maintenance, no heavy rehab—just immediate cash flow with built-in expansion potential. Ideally located in Los Angeles’ 90032 zip code between El Sereno and Montecito Heights, tenants enjoy nearby access to Ascot Hills Park, Debs Park, local shopping along Huntington Drive and Valley Boulevard, and California State University, Los Angeles—supporting consistent and reliable rental demand. Just minutes from Downtown Los Angeles, residents are also close to world-class dining, nightlife, entertainment, and cultural destinations. Opportunities like this—first time on the market, impeccably maintained, and with this level of development upside—are extremely rare in Northeast Los Angeles. A prime chance to secure a high-performing multi-unit asset in a rapidly growing rental corridor.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-08T11:29:34.407. 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 Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/173317955
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3823 Stockbridge Los Angeles (City), CA 90032

  • Price: $2,024,888
  • Status: Active
  • On Site: 225 Days
  • Updated: 24 min ago
  • MLS #: CV26041008
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1957
Built
Neighborhood:
621 - El Sereno
County:
Los Angeles
Area:
621 - El Sereno
Property Description
Rarely does an opportunity like this come to market. Offered for the first time ever, this exceptional 5-unit investment property showcases true pride of ownership and meticulous long-term care. Featuring four spacious 2-bedroom, 1-bath units plus a detached 3-bedroom, 2-bath rear home, the property offers a highly desirable unit mix that drives strong tenant demand and lasting stability. Zoned GLR3 with outstanding building opportunities, the property also presents the potential to add three additional units—unlocking the ability to create an eight-unit complex and significantly increase income and long-term value. This is a true turnkey asset—clean, well maintained, and already performing—featuring six garage spaces with additional rental upside and an on-site laundry room that generates steady income with room to grow. No deferred maintenance, no heavy rehab—just immediate cash flow with built-in expansion potential. Ideally located in Los Angeles’ 90032 zip code between El Sereno and Montecito Heights, tenants enjoy nearby access to Ascot Hills Park, Debs Park, local shopping along Huntington Drive and Valley Boulevard, and California State University, Los Angeles—supporting consistent and reliable rental demand. Just minutes from Downtown Los Angeles, residents are also close to world-class dining, nightlife, entertainment, and cultural destinations. Opportunities like this—first time on the market, impeccably maintained, and with this level of development upside—are extremely rare in Northeast Los Angeles. A prime chance to secure a high-performing multi-unit asset in a rapidly growing rental corridor.
Exterior Features

Entry Level 1 Lot Features 2-5 Units/AcreFront YardSprinklers In FrontLandscapedSprinklers TimerSprinkler System Parking Total 6 Sign On Property YN No

Interior Features

Appliances DryerWasher Cooling Central AirWall/Window Unit(s) Cooling YN Yes Heating CentralWall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Business Type Multi-Tenant Common Interest Community Apartment Gross Scheduled Income 112080 Insurance Expense 3231 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer HookupLaundry RoomOutside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventionalContract1031 ExchangeSubmit Net Operating Income 98343 Number Of Units Leased 5 Operating Expense 15237 Other Expense 533 Property Sub Type Multi Family Security Features Closed Circuit Camera(s)Carbon Monoxide Detector(s)Smoke Detector(s)Security Lights Special Listing Conditions Standard Trash Expense 0 Utilities Electricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Sewer Expense 3350 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-08T11:29:34.407. 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 Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Kevin Gonzalez of eXp Realty of Southern California Inc (888-294-1415)