3982 S Gramercy, Los Angeles, CA 90062

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
3982 S Gramercy,Los Angeles, CA 90062
$849,999
  • - Beds
  • - Baths
  • 3,372 sq. ft.
  • Multi-family
  • Active
Listed by: christian walsh
Office: berkshire hathaway homeservices california properties
MLS#:PW25259008
Source:CRMLS

Price summary

  • Price:$849,999
  • Price per sq. ft.:$252.08

About this home

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.

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Home facts

  • Year built:1923
  • Listing ID #:PW25259008
  • Added:117 day(s) ago
  • Updated:March 06, 2026 at 11:42 AM

Rooms and interior

  • Living area:3,372 sq. ft.

Structure and exterior

  • Year built:1923
  • Building area:3,372 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Yard
  • Levels:1 Story

Utilities

  • Water:Private
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$849,999
  • Price per sq. ft.:$252.08

Features and amenities

  • Laundry features:Inside

Parking

  • Total parking spaces:6
  • Parking description:Driveway
  • Garage:Yes
  • Garage spaces:2
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