Price Reduced Listing3823 Stockbridge,Los Angeles, CA 90032
Los Angeles, CA 90032
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 unitsunlocking the ability to create an eight-unit complex and significantly increase income and long-term value. This is a true turnkey assetclean, well maintained, and already performingfeaturing 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 rehabjust 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 Angelessupporting 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 thisfirst time on the market, impeccably maintained, and with this level of development upsideare extremely rare in Northeast Los Angeles. A prime chance to secure a high-performing multi-unit asset in a rapidly growing rental corridor.
Details
| MLS # | CV26036874 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 185 |
| Listing Provided By | eXp Realty of Southern California Inc | Kevin Gonzalez |
Features
| SQ Feet | 5,512 |
|---|---|
| Garage | 6 |
| Story(s) | 2 |
| Units | 5 |
| Building(s) | 2 |
| Zoning | LARD1.5 |
| Acreage | 0.28 |
Interior
| Cooling | Central Air, Wall Window Units |
|---|---|
| Heating | Central, Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Dryer, Washer |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Lighting |
|---|---|
| Security Features | Closed Circuit Cameras, Carbon Monoxide Detectors, Smoke Detectors, Security Lights |
| Foundation Details | Raised |
| Lot Features | Two To Five Units Acre, Front Yard, Sprinklers In Front, Landscaped, Sprinklers Timer, Sprinkler System |
Parking
| Parking Features | Concrete, Door Multi, Direct Access, Garage, Off Street, Public, Garage Faces Rear, On Street, Workshop In Garage |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Biking, Curbs, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90032 |
| Area | 621 El Sereno |
| Listing VS Median (in 90032) | |
Price: $2,024,888 low | high Med: $777,000 sqft: 5,512 low | high Med: 801 $ / sqft: $367 low | high Med: $1,007 On site: 185 low | high Med: 371 | |
Market Activity 90032
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90032 |
| Area | 621 El Sereno |
| Listing VS Median (in 90032) | |
Price: $2,024,888 low | high Med: $777,000 sqft: 5,512 low | high Med: 801 $ / sqft: $367 low | high Med: $1,007 On site: 185 low | high Med: 371 | |
 | $2,024,8883823 StockbridgeLos Angeles, CA 90032 |