$699,000 $3,752 est/mo Sourced by Back At You
3982 S Gramercy,Los Angeles, CA 90062
Los Angeles, CA 90062
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.
Details
| MLS # | PW25259008 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1923 |
| Days On Site | 312 |
| Listing Provided By | Berkshire Hathaway HomeServices California Properties | Christian Walsh |
Features
| SQ Feet | 3,372 |
|---|---|
| Garage | 2 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 3 |
| Acreage | 0.23 |
Exterior
| Lot Features | Yard |
|---|
Parking
| Parking Features | Driveway |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90062 |
| Area | C34 Los Angeles Southwest |
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90062 |
| Area | C34 Los Angeles Southwest |
Nearby Listings (Within 1/4 mile)
Price: $524K - $873K
sqft: 2,500 - 4,000
Listing Updated: August 31, 2026 at 2:38:12 PM PDT