$849,999

3982 S Gramercy, Los Angeles, CA 90062

8 beds
3,372 sqft

Multi-Family Home
Built in 1923
10,019sqft lot
—— car garage
$252/sqft
Listed 10 days ago

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.

Listing Status:: Active
Date Added:: November 14, 2025 at 06:00AM
Listing Office:: Berkshire Hathaway HomeServices California Properties : 858-487-3520
Listing Agent:: Christian Walsh : 949-677-3466
MLS ID:: CRPW25259008

Laundry: Inside

Parking: Other

County: Los Angeles

Zoning: 5035007011

This listing courtesy of Christian Walsh, Berkshire Hathaway HomeServices California Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

King Jr. Elementary School

3989 S Hobart Blvd, Los Angeles, CA, 90062

Grades KG-5

0.29 miles away

Foshay Learning Center

3751 S Harvard Blvd, Los Angeles, CA, 90018

Grades 6-12

0.63 miles away

Foshay Learning Center

3751 S Harvard Blvd, Los Angeles, CA, 90018

Grades 6-12

0.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.