Los Angeles Value-Add
For Sale
$799,000
Pending
3982 S Gramercy, Los Angeles, CA 90062
Four-unit property in Los Angeles with redevelopment potential.
Property Size3,372 SF
Lot Size0.23 Acres
Days on Market200
Property Features for 3982 S Gramercy
General Information
Standard status
Pending
Size
3,372 SF
Lot size
0.23 Acres
Property subtype
Investment
Building Details
Building Size
3,372 SF
Year Built
1923
Stories
1
Units
4
Listed By:
Christian Walsh
(949) 644-6200
Source:
Elliman
Added: Mar 10
Changed: Sep 24
Last Checked: Sep 24 at 12:18PM
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 Christian Walsh
Investment Insights
Based on property information with market context.
This four-unit property is located in Los Angeles. The single-level property consists of two duplex buildings totaling approximately 3,372 square feet and sits on an oversized 9,800+ square foot corner lot with an adjacent alley, creating a peninsula lot. Each of the four units features two bedrooms and one bath, as well as washer and dryer hookups. The property also includes open areas, multiple on-site parking spaces, and a detached garage. Located near public transit and major corridors, this property offers redevelopment potential through strategic renovations, rent optimization, or long-range redevelopment.
Key Highlights
- Oversized 9,800+ sq ft corner lot, a peninsula lot thanks to the adjacent alley.
- Value‑add 4plex in the heart of Los Angeles.
- Four 2‑bedroom, 1‑bath units, each with washer/dryer hookups.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,295
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property in Los Angeles with redevelopment potential.
Where is this quadplex located?
The property is located at 3982 S Gramercy Los Angeles, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Oversized 9,800+ sq ft corner lot, a peninsula lot thanks to the adjacent alley.; Value‑add 4plex in the heart of Los Angeles.; Four 2‑bedroom, 1‑bath units, each with washer/dryer hookups.
