3823 Stockbridge, Los Angeles, CA 90032
3823 Stockbridge, Los Angeles, CA 90032
3823 Stockbridge, Los Angeles, CA 90032
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Margaret Randtke

Margaret Randtke

+1(831) 277-4178
Listed by Kevin Gonzalez, DRE #01947721 • eXp Realty of Southern California Inc
$2,024,888
Est. payment /mo
0.28 Acres Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRCV26036874

Year Built 1957

Lot Size 0.276 Acres

Source California Regional MLS

Property 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 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 clos

Location

State CA

County Los Angeles

Area 621 - El Sereno

Interior

Heating Wall Furnace , Central Forced Air

Cooling Central AC, Window / Wall Unit

Flooring Laminate

Laundry In Laundry Room, Other, 38, Washer, Washer/Dryer - Owned, Dryer

Exterior

Parking Features Workshop in Garage, Garage, Off-Street Parking, Other, Common Parking - Public

Garage Spaces 6.0

Pool 31, None

Building

Foundation Raised

Water District - Public

Others

Tax ID 5219033015

Special Listing Condition Not Applicable

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Margaret Randtke

Margaret Randtke

+1(831) 277-4178

Broker Associate | License ID: DRE# 01702682

Broker Associate License ID: DRE# 01702682

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