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Listed by Christian Walsh • Berkshire Hathaway HomeServices California Properties
$849,999
Est. payment /mo
9,819 Sqft Lot
Active
3982 S Gramercy Los Angeles, CA 90062
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25259008
Year Built 1923
Lot Size 9,819 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
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.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Laundry Other
Exterior
Parking Features Other
Garage Spaces 6.0
Pool None
Building
Story One Story
Water Private
Others
Tax ID 5035007011
Special Listing Condition Not Applicable
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