3982 S Gramercy
Los Angeles , CA 90062
MLS#: PW25259008
$849,999
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1923
Sq.Footage
N/A
Opportunity knocks for savvy investors: this value-add 4plex in the heart of Los Angeles is priced to GO! This 4-unit, single-level property sits on an oversized 9,800+ sq ft corner lot with adjacent alley, creating a peninsula lot. There are two duplex buildings totaling ~3,372 sq ft, open areas, multiple onsite parking spaces plus a detached garage. All four units are 2 bedrooms, 1 bath, each with washers/dryer hookups and raised-foundation construction. The zoning provides multiple pathways for future upside, whether through strategic renovations, rent optimization, or long-range redevelopment. Located near public transit and major corridors this asset offers both immediate stability and significant long-term potential.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Parking
Driveway
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Size(acres)
0.2254
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$849,999
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
74
-
Water Source
Private
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Christian Walsh , Berkshire Hathaway HomeServices California Properties
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