Corner-Lot 4plex
For Sale
Contact for pricing
Pending
3982 S Gramercy, Los Angeles, CA 90062
Value-add 4-unit property with two duplex buildings and onsite parking on a corner lot with adjacent alley.
Property SizeContact for details
Days on Market288
Property Features for 3982 S Gramercy
General Information
Standard status
Pending
Property subtype
Multifamily
Zoning
Assessor
Building Details
Buildings
3
Stories
1
Units
4
Listing Agency:
Berkshire Hathaway HomeServices California Properties Newport Beach
(949) 677-3466
Listed By:
Christian Walsh · License #CA 01804983
Source:
Crexi
Added: Nov 14, 2025
Changed: Aug 8
Last Checked: Jul 24 at 6:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices California Properties Newport Beach
Investment Insights
Based on property information with market context.
This 4-unit, single-level property features two duplex buildings totaling approximately 3,372 square feet. The units are each two bedrooms and one bath, with washer/dryer hookups. The buildings use raised-foundation construction, and the site includes open areas, multiple onsite parking spaces, and a detached garage.
The property sits on an oversized 9,800+ square-foot corner lot with an adjacent alley, creating a peninsula-like configuration. Public remarks indicate the zoning provides multiple pathways for future improvements, including strategic renovations, rent optimization, or long-range redevelopment. The asset is also described as being near public transit and major corridors.
For buyers and investors, the combination of unit consistency (2 bed/1 bath across all four units) and the corner-lot, alley-adjacent site supports a range of renovation and redevelopment approaches consistent with the stated zoning opportunities.
The property sits on an oversized 9,800+ square-foot corner lot with an adjacent alley, creating a peninsula-like configuration. Public remarks indicate the zoning provides multiple pathways for future improvements, including strategic renovations, rent optimization, or long-range redevelopment. The asset is also described as being near public transit and major corridors.
For buyers and investors, the combination of unit consistency (2 bed/1 bath across all four units) and the corner-lot, alley-adjacent site supports a range of renovation and redevelopment approaches consistent with the stated zoning opportunities.
Key Highlights
- 4‑unit property in Los Angeles with two duplex buildings totaling ~3,372 SF
- Oversized 9,800+ sq ft corner lot with adjacent alley, creating a peninsula lot
- All four units are 2 bed / 1 bath, single‑level construction with washers/dryer hookups
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,295
Businesses Nearby
Explore this area
Business Placement
Demographics for 90062, CA
32,524
Population
10,060
Households
3.2
Avg Household Size
36
Median Age
17%
College-Educated
65%
High-School Grad
1.9 sq mi
ZIP Area
17,118
Density / Sq Mi
$63,652
Median Household Income
$35,911
Median Earnings
$1,473
Median Rent
$672,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Value-add 4-unit property with two duplex buildings and onsite parking on a corner lot with adjacent alley.
Where is this quadplex located?
The property is located at 3982 S Gramercy Los Angeles, CA.
What are key features of this property?
This property features: 4‑unit property in Los Angeles with two duplex buildings totaling ~3,372 SF; Oversized 9,800+ sq ft corner lot with adjacent alley, creating a peninsula lot; All four units are 2 bed / 1 bath, single‑level construction with washers/dryer hookups
