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Listed by Derek Fowler, DRE #01319692 • Re/Max Commercial & Investment
$925,000
Est. payment /mo
3,388 Sqft Lot
Active
3846 S Gramercy PL 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 CRSB26154987
Year Built 1918
Lot Size 3,388 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Discover a prime investment opportunity at 3846 S Gramercy Place. This four-plex features spacious one-bedroom layouts, including the highly coveted tenant conveniences of in-unit laundry, ground level porches, and second-story enclosed verandas. The property will be delivered with one rent-ready vacant unit, providing the perfect setup for an owner-occupier or an investor ready to capture immediate market-rate rent. With the remaining units currently below market, the new owner is positioned for significant long-term rent growth and appreciation, even without immediate major renovations. Gramercy Place delivers with a garage plus additional driveway spaces. Whether you are looking for a stable addition to your portfolio or a home-plus-income, this property offers a blend of immediate utility and future upside.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Interior
Heating Wall Furnace
Laundry Other
Exterior
Parking Features Garage, Parking Area, Side By Side
Garage Spaces 3.0
Pool None
Building
Water District - Public
Others
Tax ID 5035026017
Special Listing Condition Not Applicable
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