Opportunity knocks for savvy investors: this value-add 4plex in the heart of Los Angeles is priced to GO! This 4-unit, single-level property sits on an oversized 9,800+ sq ft corner lot with adjacent alley, creating a peninsula lot. There are two duplex buildings totaling ~3,372 sq ft, open areas, multiple onsite parking spaces plus a detached garage.
All four units are 2 bedrooms, 1 bath, each with washers/dryer hookups and raised-foundation construction.
The zoning provides multiple pathways for future upside, whether through strategic renovations, rent optimization, or long-range redevelopment. Located near public transit and major corridors this asset offers both immediate stability and significant long-term potential.
All four units are 2 bedrooms, 1 bath, each with washers/dryer hookups and raised-foundation construction.
The zoning provides multiple pathways for future upside, whether through strategic renovations, rent optimization, or long-range redevelopment. Located near public transit and major corridors this asset offers both immediate stability and significant long-term potential.
Property Details
Price:
$799,000
MLS #:
PW25259008
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c34losangelessouthwest
Listed Date:
Nov 14, 2025
Total Sq Ft:
3,372
Lot Size:
9,819 sqft / 0.23 acres (approx)
Year Built:
1923
See this Listing
Schools
Interior
Laundry Features
IN
Levels
A
Exterior
Common Walls
_1CW
Community Features
SDW
Garage Spaces
2
Parking Spots
6
Parking Total
6
Financial
Map
Community
- Address3982 S Gramercy 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 Aug 16, 2026
7,580
Single Family Listed
87
Avg DOM
425
Avg $ / SqFt
$1,591,108
Avg List Price
Property Summary
- 3982 S Gramercy Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90062. It is listed for $799,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1923. The average price per square foot for Single Family listings in Los Angeles is $425. The average listing price for Single Family in Los Angeles is $1,591,108.
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Courtesy of Berkshire Hathaway HomeServices California Properties. 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.3982 S Gramercy
Los Angeles, CA