3846 S Gramercy Place

Los Angeles, CA 90062

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.

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.

Features and Additional Information

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$925,000 Active
3,200 sqft

Presented By Benjamin Leaskou

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Get in touch today! Phone: 1-760-799-4290
License #01754516
Brokerage
Re/Max Commercial & Investment
1-310-802-2500
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Area Information

PHHT Park Hills Heights | Los Angeles County |

$ 925,000
This listing is play_arrow 15.8% higher than the average in the area
$ 799,000 in the area
3,200 SqFt
This listing is play_arrow 5.1% smaller than the average in the area
3,372 SqFt in the area
$ 289 $/SqFt
This listing is play_arrow 22.0% more than the average in the area
$ 237 $/SqFt in the area
108 days on site
This listing is play_arrow 69.2% below the average in the area
351 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Derek Fowler
Brokerage: Re/Max Commercial & Investment

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