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?
Explore CommunitiesListing courtesy of Re/Max Commercial & Investment
Listing data from CRMLS. Deemed reliable but not guaranteed.
Asking Price
$925,000
Listing Agent
Derek Fowler
Re/Max Commercial & Investment
