CnC Realty
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$925,000

3846 S Gramercy Place

Los Angeles, CA 90062

Active

1918

Year Built

Los Angeles

County

Quadruplex

Property Type

About this home

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.

Listed by Derek Fowler · DRE #01319692 · Re/Max Commercial & Investment
MLS #1177115875
ListedJul 15, 2026

Property Details

Architecture

Stories2
StyleN/A
Total Units4
RoofN/A
Garage Spaces1
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingN/A
HeatingWall Furnace
FireplaceKitchen
LaundryInside
Parking FeaturesGarage, One Space, Side By Side
Parking Total3
Patio & PorchN/A
Entry Level1
Entry LocationGround
Common WallsOne Common Wall

Property Features

Lot Size0.08 ac
Lot FeaturesZero To One Unit Acre
ViewN/A
DirectionsJust south of Exposition Blvd. & west of Western Ave.

Community

AreaPHHT - Park Hills Heights
School DistrictN/A

Tax & Financial

TermsCash, Cash To New Loan
Land LeaseNo
HOA NameN/A
HOA FeeN/A

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Mortgage Estimate

$4,923/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 6:15 PM

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