3335 Stocker Street, Los Angeles, CA 90008

About this property

Vintage, 'old-school LA' charm inside-and-out - attractive appointments that are rarely found anymore. Large front lawn on this massive 12,863 sq. ft. lot, bay windows, original hardwood, and extensive tile work in the kitchens and baths. 40+ years of single ownership - his "Baby". But, he has self-managed and not consistently raised rents. Massive meat-on-the-bone for a new Buyer - 50% rent upside! And then there's the development upside, as well. An opportunistic opportunity. 8% cap UPSIDE! Part of a 2-building portfolio sale, along with 2267 W. Adams Blvd.

Listing description from the September 2023 sale, as reported to CRMLS.

Sale history

$2,400,000

Sold September 2023 · listed $2,499,000, on market July 2023 · MLS #23295359 · Source: CRMLS

Listing Agent: Brice Head · Listing Office: CBRE, Inc. · Contact: 310-363-4900 · Bought with: Brice Head · CBRE, Inc.

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