3823 Stockbridge Overview
- Time on Site:
- 130 days
- Visits:
- 0
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.
3823 Stockbridge Facts & Features
- Type Multi-Family
- Sq. ft. 5,512
- Price/Sq.ft. $372
- Lot 0.28 Acres
Details
General
Association/HOA
- Association: No
- Common Interest: Community Apartment
Income/Expenses
- Other Expense: 533.0
- Gardener Expense: 3120.0
- Gross Income: 1500.0
- Gross Scheduled Income: 112080.0
- Insurance Expense: 3231.0
- Net Operating Income: 98343.0
- New Taxes Expense: 2888.0
- Operating Expense: 15237.0
- Water Sewer Expense: 3350.0
Listing Information
- Contingency: None
Building Information
- New Construction: No
- Year Built: 1957
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: 621 - El Sereno
- Postal City: LOS ANGELES
Community/Development
- Community Features: Biking,Curbs,Street Lights,Sidewalks
Rent/Lease Information
- Land Lease: No
- Tenant Pays: Cable TV,Electricity,Gas,Telephone
General Information
- Listing Terms: Cash,Cash to New Loan,Conventional,Contract,1031 Exchange,Submit
- Parcel Number: 5219033015
- Property Condition: Updated/Remodeled,Turnkey
- Property Sub Type: Mixed Use
- Property Type: Residential Income
- Rent Control: Yes
- Senior Community: No
- Special Listing Conditions: Standard
- Zoning: LARD1.5
Interior
Parking Information
- Garage Spaces: 6.0
- Garage: Yes
Building Interior
- Building Area Total: 5512.0
- Building Area Units: Square Feet
General Information
- Appliances: Dryer,Washer
- Common Walls: 2+ Common Walls
- Entry Level: 1
- Entry Location: Front Door
- Fireplace Features: None
- Fireplace: No
- Flooring: Carpet,Laminate
- Foundation Details: Raised
- Laundry Features: Electric Dryer Hookup,Gas Dryer Hookup,Laundry Room,Outside
- Levels: Two
- Security Features: Closed Circuit Camera(s),Carbon Monoxide Detector(s),Smoke Detector(s),Security Lights
- Spa Features: None
- Spa: No
- Stories: 2
- Stories Total: 2
Exterior
Parking Information
- Parking Features: Concrete,Door-Multi,Direct Access,Garage,Off Street,Public,Garage Faces Rear,On Street,Workshop in Garage
- Parking Total: 6.0
Lot Information
- Additional Parcels: No
- Lot Features: 2-5 Units/Acre,Front Yard,Sprinklers In Front,Landscaped,Sprinklers Timer,Sprinkler System
- Lot Size Acres: 0.2763
- Lot Size Area: 12036.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 12036.0
- Lot Size Units: Square Feet
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 5
- Number Of Separate Gas Meters: 6
- Number Of Separate Water Meters: 2
- Elevation Units: Feet
- Water Source: Public
Building Exterior/Construction
- Property Attached: Yes
General Information
- Exterior Features: Lighting
- Number Of Units Leased: 5
- Number Of Units Total: 5
- Pool Features: None
- Pool Private: No
- Road Frontage Type: City Street
- Sewer: Public Sewer
- Utilities: Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
3823 Stockbridge Neighborhood
Community
90032 (LOS ANGELES) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.3823 Stockbridge Monthly Cost
3823 Stockbridge Market Data
Based on the last 30 days in this zip code
3823 Stockbridge History
| Date | Value | Agent |
|---|---|---|
| 4/9/2026Source: CRMLS | $2,049,999 -2.4% |
|
| 4/9/2026Source: CRMLS | $2,049,999 -2.4% |
|
| 2/24/2026Source: CRMLS | February 24, 2026 |
|
| 2/19/2026Source: CRMLS | February 19, 2026 |
Contact Information: 888-294-1415