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$925,000

FOR SALE
Active

3846 S Gramercy Place

Los Angeles, CA

MLS# SB26154987

Quadruplex
114 days on marketNalren refreshed

Listing Agent

Derek Fowler

Listing Agent

Re/Max Commercial & Investment

DRE #: 01319692

dfowler@remax.net

Brokerage: Re/Max Commercial & Investment

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1918

Year Built

3,388 sqft

Lot Size

N/A

Price/Sq Ft

1

Garage Spaces

N/A

HOA

Quadruplex

Property Type

Description

Discover a prime investment opportunity at 3846 S Gramercy Place. This four-plex features spacious one-bedroom layouts, including the highly coveted tenant conveniences of in-unit laundry, ground level porches, and second-story enclosed verandas. The property will be delivered with one rent-ready vacant unit, providing the perfect setup for an owner-occupier or an investor ready to capture immediate market-rate rent. With the remaining units currently below market, the new owner is positioned for significant long-term rent growth and appreciation, even without immediate major renovations. Gramercy Place delivers with a garage plus additional driveway spaces. Whether you are looking for a stable addition to your portfolio or a home-plus-income, this property offers a blend of immediate utility and future upside.

Facts & Features

Interior

Fireplace
Yes
Laundry Features
In-Unit Laundry

Exterior

Private Pool
No
Lot Features
0–1 Acre Lot

Building

Year Built
1918
Building Area Total
3,200
Levels
Two
Stories Total
2

Utilities

Heating
Wall Furnace
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
1
Parking Features
Garage, One Space, Side By Side
Parking Total
3

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