Listing provided courtesy of Christian Walsh of Berkshire Hathaway HomeServices California Properties. Last updated 2025-12-05 09:11:20.000000. Listing information © 2025 CRMLS.

Asking Price: $849,999

3982 Gramercy, Los Angeles CA 90062

Community: ​C34 - Los Angeles Southwest

Status: Active


This Quadruplex property was built in 1923 and is priced at $849,999. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 405091580
  • Type: Quadruplex
  • Year Built: 1923
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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424-345-1600