3403 Stocker Los Angeles, CA 90008

Building Details

Year Built

1939

Listing Agency Lyon Stahl Investment Real Estate, Inc. b***@lyonstahl.com Show Phone

Listed by Woody Stahl · License #01717818 Show Phone

Source Elliman

Added: Apr 15 Checked: Jul 17 at 3:51 am

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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.

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FAQs

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.