3403 Stocker St Los Angeles, CA 90008
Leimert Park NeighborhoodEstimated payment $6,482/month
About This Home
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.
Listing Agent
Lyon Stahl Investment Real Est Brokerage Email: broker@lyonstahl.com License #01399621 Listed on: 04/13/2026
Co-Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Email: broker@lyonstahl.com License #01717818
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1939
Lot Details
- 6,236 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,806 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tax Lot 200
- Tax Tract Number 1
- Assessor Parcel Number 5024013009
- $744 per year additional tax assessments
- Seller Considering Concessions
Community Details
Recreation
- Bike Trail
Building Details
- 1 Leased Unit
- Rent Control
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $7,209
- Maintenance Expense $10,981
- Other Expense $4,000
- New Taxes Expense $14,990
- Operating Expense $38,379
- Gross Income $133,141
- Net Operating Income $94,762
Additional Features
- 4 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,965 | $1,750,000 | $470,000 | $1,280,000 |
| 2024 | $1,965 | $109,543 | $30,255 | $79,288 |
| 2023 | $1,942 | $107,396 | $29,662 | $77,734 |
| 2022 | $1,877 | $105,291 | $29,081 | $76,210 |
| 2021 | $1,823 | $103,227 | $28,511 | $74,716 |
| 2019 | $1,781 | $100,166 | $27,666 | $72,500 |
| 2018 | $1,704 | $98,203 | $27,124 | $71,079 |
| 2016 | $1,583 | $94,392 | $26,072 | $68,320 |
| 2015 | $1,566 | $92,975 | $25,681 | $67,294 |
| 2014 | $1,601 | $91,154 | $25,178 | $65,976 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/13/2026 04/13/26 | For Sale | $1,200,000 | 0.0% | $250 / Sq Ft |
| 02/28/2018 02/28/18 | Price Changed | $2,250 | -2.2% | $2 / Sq Ft |
| 02/15/2018 02/15/18 | Rented | $2,300 | -4.2% | -- |
| 02/03/2018 02/03/18 | For Rent | $2,400 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Chicago Title | |
| Grant Deed | $1,750,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Gift Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,400,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26079503
APN: 5024-013-009
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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