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Fourplex with In-Unit Laundry
For Sale
$925,000

3846 S Gramercy PL, Los Angeles, CA 90062

Fourplex with spacious one-bedroom units, in-unit laundry, and garage plus additional driveway spaces.

Property Size3,200 SF
Days on Market54

Property Features for 3846 S Gramercy PL

General Information

Standard status Active
Size 3,200 SF
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 4

Building Details

Building Size 3,200 SF
Year Built 1918
Tenancy Multi
Listing Agency: Re/Max Commercial & Investment
Listed By: Derek Fowler · License #01319692
Source: Milsteinestates
Added: Jul 15 Changed: Sep 4 Last Checked: Sep 5 at 6:57AM

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 Re/Max Commercial & Investment

Investment Insights

Based on property information with market context.

This fourplex offers multiple spacious one-bedroom units with in-unit laundry. Several units also include ground-level porches and second-story enclosed verandas, providing usable outdoor space within each home. The property is being sold with one rent-ready vacant unit, while the remaining units are currently below market.

Located at 3846 S Gramercy Place in Los Angeles, the area scores 82 for walkability, 74 for biking, and 63 for transit, supporting tenant convenience for everyday commuting and errands.

The building includes a garage plus additional driveway spaces, adding on-site parking utility for residents.

Key Highlights

  • 1918‑built four‑plex with spacious one‑bedroom units
  • Several units include in‑unit laundry
  • Ground level porches and second‑story enclosed verandas

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Spa & Massage Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,064
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fourplex with spacious one-bedroom units, in-unit laundry, and garage plus additional driveway spaces.
Where is this quadplex located?
The property is located at 3846 S Gramercy PL Los Angeles, CA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 1918‑built four‑plex with spacious one‑bedroom units; Several units include in‑unit laundry; Ground level porches and second‑story enclosed verandas
More about this property
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