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.
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.





























