3846 S Gramercy PL, Los Angeles, CA 90062
3846 S Gramercy PL, Los Angeles, CA 90062
3846 S Gramercy PL, Los Angeles, CA 90062
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$925,000
Est. payment /mo
3,388 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26154987

HOA Y/N No

Year Built 1918

Lot Size 3,388 Sqft

Property Sub-Type Quadruplex

Property 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.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Interior

Heating Wall Furnace

Fireplaces Type Kitchen

Fireplace Yes

Laundry Inside

Exterior

Parking Features Garage, One Space, Side By Side

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Curbs, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5035026017

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


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Listed by Derek Fowler Re/Max Commercial & Investment dfowler@remax.net, DRE #01319692

NEARBY SCHOOL & BUSINESS

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