Leimert Park Multifamily Repositioning
For Sale
$1,200,000
Pending
3403 Stocker, Los Angeles, CA 90008
Value-add multifamily property in Leimert Park with renovation upside.
Property Size4,806 SF
Lot Size0.14 Acres
Days on Market139
Property Features for 3403 Stocker
General Information
Standard status
Pending
Size
4,806 SF
Lot size
0.14 Acres
Property subtype
Investment
Building Details
Building Size
4,806 SF
Year Built
1939
Stories
2
Units
4
Listing Agency:
Lyon Stahl Investment Real Estate
(310) 425-9838
Listed By:
Woody Stahl · License #01717818
(310) 425-9838
Source:
Elliman
Added: Apr 15
Changed: Aug 23
Last Checked: Aug 30 at 6:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate
Investment Insights
Based on property information with market context.
Located in the Leimert Park submarket of Los Angeles, 3403 Stocker Street is a multifamily property offering a value-add opportunity. The property is positioned between West Adams and South Los Angeles. Situated on a 6,236 square foot lot, the property consists of approximately 4,806 rentable square feet across four units. The property was sold in November 2024 for $1,750,000. Recent capital improvements include a new roof, sewer line upgrades, foundation work, and copper re-piping. The property is comprised of four 2-bedroom / 1-bathroom units, with the potential to convert units into 2-bedroom / 2-bathroom layouts. Three units are currently in shell condition, offering immediate renovation upside. Partial electrical upgrades have been completed, including rewiring in two units and near-complete panel replacements. The location has a bike score of 54, indicating it is bikeable. The walk score is 77, indicating it is very walkable, and the transit score is 53, indicating good transit. This property offers investors an opportunity to acquire a repositioning asset in a supply-constrained rental market.
Key Highlights
- Value‑add multifamily opportunity in desirable Leimert Park.
- Recent capital improvements include a new roof, sewer line upgrades, foundation work, and copper re‑piping.
- Three units in shell condition offer immediate renovation upside.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,012
Businesses Nearby
Explore this area
Business Placement
Demographics for 90008, CA
33,041
Population
16,245
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
85%
High-School Grad
2.9 sq mi
ZIP Area
11,393
Density / Sq Mi
$61,822
Median Household Income
$41,295
Median Earnings
$1,589
Median Rent
$1,003,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Value-add multifamily property in Leimert Park with renovation upside.
Where is this quadplex located?
The property is located at 3403 Stocker Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Value‑add multifamily opportunity in desirable Leimert Park.; Recent capital improvements include a new roof, sewer line upgrades, foundation work, and copper re‑piping.; Three units in shell condition offer immediate renovation upside.
