3982 S Gramercy, Los Angeles, CA 90062
List Price: $850K
Listing Status: ActiveUnderContract
0Days on Market: 194
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1923
Lot Size: 9,819 sq ft
Garage Spaces: 2
Private Pool: Yes
MLS Number: PW25259008
About This Property
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 provided by: Christian Walsh DRE #01804983 949-644-6200 CW@wireassociates.com, Berkshire Hathaway HomeServices California Properties
Source: CRMLS, MLS #: PW25259008
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.