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.
Property Details
Price:
$925,000
MLS #:
SB26154987
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
phhtparkhillsheights
Listed Date:
Jul 16, 2026
Total Sq Ft:
3,200
Lot Size:
3,388 sqft / 0.08 acres (approx)
Year Built:
1918
See this Listing
Schools
Interior
Heating
WL
Laundry Features
IN
Levels
U
Exterior
Common Walls
_1CW
Community Features
SDW, CRB
Garage Spaces
1
Parking Spots
3
Parking Total
3
Financial
Map
Community
- Address3846 S Gramercy PL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90062
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jul 23, 2026
7,415
Single Family Listed
89
Avg DOM
436
Avg $ / SqFt
$1,654,681
Avg List Price
Property Summary
- 3846 S Gramercy PL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90062. It is listed for $925,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1918. The average price per square foot for Single Family listings in Los Angeles is $436. The average listing price for Single Family in Los Angeles is $1,654,681.
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Courtesy of Re/Max Commercial & Investment. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.3846 S Gramercy PL
Los Angeles, CA