3982 S Gramercy Los Angeles, CA 90062

Building Details

Year Built

1923

Listing Agency C*@wireassociates.com Show Phone

Listed by Christian Walsh

Source Elliman

Added: Nov 28, 2025 Checked: Jul 17 at 3:15 am

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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

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Investment Insights

Based on property information with market context.

This four-unit property in Los Angeles presents an opportunity for investors. The single-level property includes two duplex buildings totaling approximately 3,372 square feet and is situated on an oversized corner lot of over 9,800 square feet with an adjacent alley, creating a peninsula lot. Each of the four units features two bedrooms and one bathroom, and includes washer and dryer hookups. The property also offers open areas, multiple on-site parking spaces, and a detached garage. The zoning allows for future redevelopment, strategic renovations, and rent optimization. The property is located near public transit and major corridors.

Key Highlights

• Oversized 9,800+ sq ft corner lot with adjacent alley (peninsula lot).
• Value‑add 4plex in the heart of Los Angeles.
• Four 2‑bedroom, 1‑bath units, each with washer/dryer hookups.

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FAQs

What type of property is this?

Quadplex - Four-unit property with redevelopment potential in Los Angeles.

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 $849,999.

What are key features of this property?

This property features: Oversized 9,800+ sq ft corner lot with adjacent alley (peninsula lot).; Value‑add 4plex in the heart of Los Angeles.; Four 2‑bedroom, 1‑bath units, each with washer/dryer hookups.