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3846 S Gramercy Place — photo 1
1 / 6

Units

4

Building Size

3,200 sf

Lot Size

3,388 sf

Status

Active

Los Angeles

3846 S Gramercy Place

About This Property

Discover a prime investment opportunity at 3846 S Gramercy Place. This four-plex features spacious one-bedroom layouts, including the highly coveted tenant conveniences of in-unit laundry, ground level porches, and second-story enclosed verandas. The property will be delivered with one rent-ready vacant unit, providing the perfect setup for an owner-occupier or an investor ready to capture immediate market-rate rent. With the remaining units currently below market, the new owner is positioned for significant long-term rent growth and appreciation, even without immediate major renovations. Gramercy Place delivers with a garage plus additional driveway spaces. Whether you are looking for a stable addition to your portfolio or a home-plus-income, this property offers a blend of immediate utility and future upside.

Unit Mix

  • 4 units · 1bd / 0ba

Neighborhood

This property is located in Los Angeles. Want to learn more about the area?

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Listing courtesy of Re/Max Commercial & Investment

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$925,000

Est. Monthly Payment

$5,911/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Derek Fowler

Re/Max Commercial & Investment