Fourplex Residential Income
3982 S Gramercy Pl Los Angeles, CA 90062
For Sale
$849,999
Pending
Four 2-bedroom, 1-bath units in two duplex buildings on a corner lot with adjacent alley and onsite parking.
Property Size3,372 SF
Lot Size0.22 Acres
Days on Market251
Property Features for 3982 S Gramercy Pl
General Information
- Standard status
- Pending
- Size
- 3,372 SF
- Lot size
- 0.22 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1923
Listing Agency:
Berkshire Hathaway HomeServices California Properties
(949) 677-3466
Listed By:
Christian Walsh · License #01804983
(949) 677-3466
Source:
Exitrealty
Added: Nov 14, 2025
Changed: Jul 23
Last Checked: Jul 23 at 12:48PM
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
Investment Insights
Based on property information with market context.
This 4-unit residential income property features two duplex buildings on a single level. Each unit offers a 2-bedroom, 1-bath layout with washers/dryer hookups, and the property is described as raised-foundation construction. The site includes open areas, multiple onsite parking spaces, and a detached garage. The seller also highlights the property as a value-add opportunity.
The buildings sit on an oversized 9,800+ sq ft corner lot with adjacent alley, creating a peninsula-style lot configuration. The property is located near public transit and major corridors.
All four units are currently configured consistently, and the seller notes that zoning provides multiple pathways for future options, including potential renovations, rent optimization, or redevelopment.
The buildings sit on an oversized 9,800+ sq ft corner lot with adjacent alley, creating a peninsula-style lot configuration. The property is located near public transit and major corridors.
All four units are currently configured consistently, and the seller notes that zoning provides multiple pathways for future options, including potential renovations, rent optimization, or redevelopment.
Key Highlights
- 4‑plex built in 1923 with four 2‑bedroom, 1‑bath units across two duplex buildings
- Oversized 9,800+ sq ft corner lot with adjacent alley creates a peninsula lot configuration
- Two duplex buildings totaling approximately 3,372 sq ft with open areas and multiple onsite parking spaces
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four 2-bedroom, 1-bath units in two duplex buildings on a corner lot with adjacent alley and onsite parking.
Where is this quadplex located?
The property is located at 3982 S Gramercy Pl 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: 4‑plex built in 1923 with four 2‑bedroom, 1‑bath units across two duplex buildings; Oversized 9,800+ sq ft corner lot with adjacent alley creates a peninsula lot configuration; Two duplex buildings totaling approximately 3,372 sq ft with open areas and multiple onsite parking spaces
