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.
MLS #
CRPW25259008
MLS Source
California Regional MLS
Days on Site
25
Appliances
Other
Pool
None
Garage/Parking
Other, Garage: 2 Car(s)
Water
Private
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | 4 |
3982 S Gramercy is a Residential Income in Los Angeles, CA 90062. This – square foot property sits on a 9,819 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $849,999 and was built in 1923. This address can also be written as 3982 S Gramercy, Los Angeles, CA 90062.
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This listing information is up-to-date as of November 15, 2025. For the most current information, please contact Christian Walsh