3982 S Gramercy, Los Angeles, CA 90062

  • $849,999
3982 S Gramercy

Overview

Property ID: HZPW25259008
  • Quadruplex
  • Property Type
  • 2
  • Garages
  • 1923
  • Year Built

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.

  • Address Gramercy
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90062

Details

Updated on November 15, 2025 at 3:08 pm
  • Property ID: HZPW25259008
  • Price: $849,999
  • Garages: 2
  • Year Built: 1923
  • Property Type: Quadruplex
  • Property Status: ResidentialIncome
  • Listed by: Christian Walsh
  • DRE #: 01804983
  • Contact Mail: CW@wireassociates.com
  • Brokered by: Berkshire Hathaway HomeServices California Properties

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