Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

5

Building size

5,512 sqft

Lot size

12,036 sqft

Year built

1957

Stories

2

Garage spaces

6

Heating

Wall Furnace,Central

Cooling

Central Air,Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

229

MLS #

238768283

About this property

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.

Location

3823 Stockbridge

Los Angeles, Los Angeles, CA, 90032