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For Sale

$925,000

3,389 sqft$273/sqft116 days on market

3846 S Gramercy Place

Los Angeles, CA 90062

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

3,389

Square feet

1918

Built

Listing narrative

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.

Listing agent (MLS): Derek Fowler · Listing brokerage (MLS): Re/Max Commercial & Investment

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$925,000

Beds

Beds n/a

Type

House

Home Size

3,389 sqft

Baths

Baths n/a

Lot Size

3,389 sqft

Year

1918

Status

For Sale

Days on Market

116

$ / Sqft

$273

· 8% down, 7% APR, 30yr fixed
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Courtesy of Re/Max Commercial & Investment