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3823 Stockbridge

los angeles, CA 90032

$2,049,999

    Interested? Let's Connect

    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.

    Details

    5,512 Sq Ft

    0.2763 Private Acres Lot Size

    investment

    Built in 1957

    MLS/Listing ID CV26036874

    2 Stories

    5 Units

    Amenities & Features

    Cooling - Central Air

    Community - Sidewalks

    Public Water

    Public Sewer

    Raised

    Lot - Landscaped

    Lot - Sprinklers in Front

    Community - Street Lights

    Community - Curbs

    Community - Biking

    Washer

    Dryer

    Lot - Front Yard

    Outside

    Laundry Room

    Gas Dryer Hookup

    Cooling - Wall/window unit(s)

    Lighting

    Carpet

    Laminate

    Heating - Wall Furnace

    Electric Dryer Hookup

    Lot - Sprinklers on Timer

    Lot - Sprinkler System

    Parking - Concrete

    Parking - Door Multi

    Parking - Direct Access

    Parking - Garage

    Parking - Off Street

    Parking - Public

    Parking - Garage Faces Rear

    Parking - On Street

    Parking - Workshop in Garage

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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