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31163030
31163031

3823 Stockbridge, Los Angeles, CA 90032

$2,049,999
79 days on market
Updated 52 days ago

3823 Stockbridge

Details
APN 5219033015
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,512
Units 5
Cap Rate 4.8%
NOI $98,343
Occupancy 100%
Pro-Forma Cap Rate 0.67%
Pro-Forma NOI $13,800
Price per SqFt $372
Broker Co-Op Yes
Class B
Year Built 1957
Buildings 2
Stories 2
Lot Size (SqFt) 12,036
Zoning LARD1.5
Parking Spaces 6 spaces
Parking Per SqFt 1.09
Investment Type Owner/User

Pride of Ownership and Family owned since built...

Marketing description

Rarely does an opportunity like this present itself in the highly desirable 90032 pocket of Los Angeles, ideally situated between the vibrant community of El Sereno and the scenic hills of Montecito Heights. Offered for the first time ever, this exceptional 5-unit complex reflects true pride of ownership and meticulous care throughout the years. The property features four spacious 2-bedroom, 1-bath units and a detached rear home offering 3 bedrooms and 2 bathrooms — a highly desirable unit mix that supports strong tenant demand and long-term stability. Each unit has been carefully maintained, making this one of the cleanest, best-kept complexes in the area. In addition, the property includes six garage spaces, creating excellent upside potential for additional rental income. The on-site laundry room already generates solid income, with room to further maximize returns. Why take on the risk and expense of heavy renovations and deferred maintenance? This is a true turnkey investment — headache-free, well cared for, and already producing strong income with built-in future growth potential. Location is everything, and this property delivers. Just minutes away, tenants enjoy outdoor recreation at Ascot Hills Park and the scenic trails of Debs Park. The area offers convenient neighborhood shopping along Huntington Drive and Valley Boulevard, and is close to California State University, Los Angeles, helping support consistent rental demand. Residents are also a short drive from Downtown Los Angeles and its vibrant nightlife scene — including rooftop lounges, live music venues, award-winning restaurants, cocktail bars, and entertainment districts that make LA one of the most dynamic cities in the country. Opportunities like this — first time on the market and this well maintained — are extremely rare in Northeast Los Angeles. Don’t miss your chance to secure a prime multi-unit asset in a thriving rental corridor.

Investment highlights

Pride of ownership and has always been owned from the same family, since the beginning. All major items have been updated and upgraded so you don’t have to worry about any high expenses coming up.

Listing Contacts

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$98,343.00
$8,195.25/mo

Valuation Metrics

0
DSCR
4.8%
Cap Rate
4.8%
ROI

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Additional Information

Name
Jason Crawford
License
02187306
Brokerage
EXP Realty
Brokerage Phone
916-273-3778
Title
Broker of Record
Brokerage Address
10620 Treena St Suit 230 San Diego, CA 92131
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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