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34455542
34455543

3846 S Gramercy Place, Los Angeles, CA 90062 For Sale

DF
Re/Max Commercial & Investment
Listed by Re/Max Commercial & Investment
$925,000
5 days on market
Updated 4 days ago
Opportunity zone

3846 S Gramercy Place

Details
APN 5035026017
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 3.76%
Buildings 1
Acreage 0.078
Zoning Public Rec

Multifamily | 3.76% CAP | 4 Units

Marketing description

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.
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Listing Contacts

DF
Re/Max Commercial & Investment
Listed by Re/Max Commercial & Investment

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