3403 Stocker, Los Angeles, California 90008, Los Angeles, 90008 - 0 bed, 0 bath
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Los Angeles, California 90008
Analysis of 3403 Stocker, Los Angeles, California 90008 is currently available with a list price of $1,200,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property is a major renovation project with three of the four units delivered in shell condition. While the exterior, roof, and foundation have seen recent improvements, the interiors are currently uninhabitable, featuring exposed wall studs, missing flooring, and incomplete electrical and plumbing systems. The kitchens and bathrooms require full reconstruction.
With three units delivered vacant and in shell condition, investors have a blank canvas to renovate to modern standards and potentially add second bathrooms to maximize rental income.
The property benefits from essential capital improvements including a new roof, foundation work, and partial electrical rewiring, providing a solid base for the remaining cosmetic renovations.
Situated in a highly desirable and supply-constrained submarket, the property is positioned in a steadily appreciating neighborhood with strong underlying rental demand.
The transaction is a short sale subject to lender approval, which often involves prolonged closing timelines and uncertainty regarding the final accepted price.
The shell condition of the majority of the units requires significant upfront capital expenditure and construction management before the asset can become cash-flow positive.
SHORT SALE – SUBJECT TO LENDER APPROVAL 3403 Stocker Street presents a compelling value-add multifamily opportunity in the desirable Leimert Park submarket of Los Angeles, ideally 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 sold in November 2024 for $1,750,000 - current ownership is selling at a loss. The asset has benefited from recent capital improvements including a new roof and foundation work - providing a strong base for an investor to complete the remaining renovations. The property is comprised of four 2-bedroom / 1-bathroom units, with the potential to convert units into 2-bedroom / 2-bathroom layouts (buyer to verify). Three units will be delivered vacant and are currently in shell condition, offering immediate renovation upside. Ownership has already completed partial electrical upgrades, including rewiring in two units and near-complete panel replacements. 3403 Stocker Street offers investors a rare opportunity to acquire a repositioning asset in a supply-constrained rental market with strong underlying demand. By completing renovations and optimizing operations, a new owner can unlock significant rental upside and long-term value in one of Los Angeles’ most steadily appreciating neighborhoods.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,806 | 3,350 | 67% |
| Lot Size | 6,236 | 6,478 | 33% |
| Price | $1.20M | $1.20M | 50% |
| Price per sq ft | $250 | $459 | 33% |
| Built year | 1939 | 1939 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 154 | 33% |
Apr 13, 2026
$1,200,000
Initial Listing
Nov 1, 2024
$1,750,000
Public Record