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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

3982 S Gramercy, Los Angeles – $849,999

  • 8 Beds
  • 4 Baths
  • .23 Acres
  • 41 DOM
  • 8 Beds
  • 4 Baths
  • .23 Acres
  • 41 DOM

3982 S Gramercy

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.

Essential Information

  • MLS® #PW25259008
  • Price$849,999
  • Bedrooms8
  • Bathrooms4.00
  • Acres0.23
  • Year Built1923
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StatusActive

Community Information

  • Address3982 S Gramercy
  • AreaC34 - Los Angeles Southwest
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90062

Amenities

  • Parking Spaces6
  • ParkingDriveway
  • # of Garages2
  • GaragesDriveway
  • PoolNone

Interior

  • # of Stories1
  • StoriesOne

Exterior

  • Lot DescriptionYard

Additional Information

  • Date ListedNovember 14th, 2025
  • Days on Market41

Listing Details

  • AgentChristian Walsh

Office

Berkshire Hathaway HomeServices California Properties

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Christian Walsh, Berkshire Hathaway HomeServices California Properties.

Based on information from California Regional Multiple Listing Service, Inc. as of December 25th, 2025 at 6:15pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.