3751-3761 Stocker Traditional LLC Acquires Mixed-use Property In South Los Angeles For $24M

Located in South Los Angeles, the mixed-use property at 3701 Stocker has recently been sold in a closed transaction. The property, comprising approximately 40,000 square feet, was sold for $24,000,000, resulting in a price per square foot of $600. The transaction took place on February 16, 2021. The property was listed by Sticks Holdings & Optimus Properties and represented by James E. Daughrity of Daughrity Real Estate. The buyer, 3751-3761 Stocker Traditional LLC, successfully acquired the property.

Summary of Transaction Details

• Property Type: Mixed-use
• Transaction Amount: $24,000,000
• Address: 3701 Stocker
• Market: South Los Angeles
• Listing Agency: Sticks Holdings & Optimus Properties
• Selling Agency: James E. Daughrity - Daughrity Real Estate

This transaction involved the collaboration of key individuals and companies. James E. Daughrity, representing Daughrity Real Estate, played a vital role as the broker in the deal. Their expertise and negotiation skills were instrumental in facilitating the successful sale of the property on behalf of the seller, Sticks Holdings & Optimus Properties, to the buyer, 3751-3761 Stocker Traditional LLC.