4811 S Gramercy PL
Los Angeles, CA, 90062
$899,999
6 Beds
2 Baths
4,308 SqFt
0.15 Acres
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MLS #26654085 image #0
MAJOR PRICE IMPROVEMENT STRATEGIC VALUE-ADD OPPORTUNITY: Unlock substantial equity with this high-upside 1911 Craftsman triplex, spanning approximately 4,308 sq ft of living area on a prime 6,502 sq ft LAR4-zoned lot. This transparent, no-frills probate sale is priced to move, specifically accounting for the cosmetic updates needed to capture a healthy spread between acquisition and market value. Offering the rare advantage of flexible occupancy, it can be delivered vacant, investors can bypass tenant buyouts and move straight to a total rental reset or renovation at 2026 market rates. With its classic architectural “bones,” multiple structures, and high-density development potential per the LAR4 zoning (Buyer to verify), this property is a cornerstone asset positioned near major transit and employment corridors. Sold strictly as-is and subject to court confirmation, this is a clear-cut opportunity for a professional investor to reposition a large-scale multi-unit asset in a supply-constrained neighborhood; the estate is motivated and ready to review serious offers.

Property Details

Price:
$899,999
MLS #:
26654085
Status:
Active
Beds:
6
Baths:
2
Type:
Single Family
Neighborhood:
phhtparkhillsheights
Listed Date:
Feb 20, 2026
Finished Sq Ft:
4,308
Total Sq Ft:
4,308
Lot Size:
6,502 sqft / 0.15 acres (approx)
Year Built:
1911
Phht – Park Hills HeightsPhhtparkhillsheights

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Schools

Interior

Levels
U

Exterior

Garage Spaces
2
Parking Spots
2
Parking Total
2

Financial

Gross Operating Income
$72,000
Net Operating Income
$24,000

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of May 04, 2026
10,142
Single Family Listed
89
Avg DOM
496
Avg $ / SqFt
$1,532,735
Avg List Price

Property Summary

    4811 S Gramercy PL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90062. It is listed for $899,999 and features 6 beds, 2 baths, and has approximately 4,308 square feet of living space, and was originally constructed in 1911. The current price per square foot is $209. The average price per square foot for Single Family listings in Los Angeles is $496. The average listing price for Single Family in Los Angeles is $1,532,735.

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4811 S Gramercy PL
Los Angeles, CA