3982 S Gramercy

About This Property

$699,000 for a 9,819 sq ft corner lot in Southwest Los Angeles, with four income-producing units already in place. Two single-level duplex buildings totaling ~3,372 sq ft occupy a peninsula parcel with street frontage on multiple sides and adjacent alley access, a footprint that opens up options a standard interior lot does not. All four units are 2 bedroom / 1 bath with washer/dryer hookups, raised-foundation construction, and separate gas and electric metering. Six parking spaces total, including a detached two-car garage. Scheduled income of $41,136 helps carry the asset while a buyer works through longer-range plans. Near public transit and major corridors. Buyer to verify zoning, permitted uses, square footage, and all applicable rent regulations with the City of Los Angeles.

Neighborhood

This property is located in Los Angeles. Want to learn more about the area?

Listing courtesy of Berkshire Hathaway HomeServices California Properties

Listing data from CRMLS. Deemed reliable but not guaranteed.