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ResidentialIncome — 3846 S Gramercy Place, Los Angeles, CA

$925,000

3846 S Gramercy Place, Los Angeles, CA

$925,000 — 3846 S Gramercy Place, Los Angeles, CA — photo 1 $925,000 — 3846 S Gramercy Place, Los Angeles, CA — photo 2 $925,000 — 3846 S Gramercy Place, Los Angeles, CA — photo 3 $925,000 — 3846 S Gramercy Place, Los Angeles, CA — photo 4 $925,000 — 3846 S Gramercy Place, Los Angeles, CA — photo 5
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About this property

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.

Property details

Year built
1918
Property type
ResidentialIncome

Location

3846 S Gramercy Place • Los Angeles, CA 90062

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Listed by

Derek Fowler · Re/Max Commercial & Investment

Listing courtesy of Re/Max Commercial & Investment. Information deemed reliable but not guaranteed.

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