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Listed by: Derek Fowler (310) 937-5764 DRE #01319692 | Re/Max Commercial & Investment (310) 802-2500
$925,000
Monthly Est:$4,604
4 Beds
-- Bath
3,200sqft
3846 S Gramercy Pl, Los Angeles, CA 90062
$925,000
$4,604/moEst:
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Quadruplex
Built in 1918
$-- HOA
3,388 sqft lot
$289/sq.ft
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.
- Houzeo last checked: 8 minutes ago
- Listing updated: July 16, 2026 at 1:25 pm
- Source: California Regional MLS-CA | MLS#: SB26154987
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1918
HOA Fees
-
Finished Area
3,200 sqft
Lot Size
3,388 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26154987
MLS Status
Active
Days on Market
111
Cumulative Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathroom: --
Interior
Sewer
Public Sewer
Heating
Wall Furnace
Utilities & Energy
Water Source
Public
Laundry Features
Inside
Parking Features
Garage, One Space, Side By Side
Pool Features
None
Fireplace Features
Kitchen
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Other Features
Lot Features
Zero To One Unit Acre
Community Features
Curbs, Sidewalks
Tenant Pays
Electricity, Gas
Price History
| Date | Event | Price |
|---|---|---|
07/15/2026 Source: | Listed for Sale | $925,000 $289/sqft |
Exposition Park Ranks #157 in Los Angeles, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 05:00AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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