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3982 S Gramercy, Los Angeles CA 90062
3982 S Gramercy, Los Angeles CA 90062
3982 S Gramercy, Los Angeles CA 90062
3982 S Gramercy, Los Angeles CA 90062
3982 S Gramercy, Los Angeles CA 90062
3982 S Gramercy, Los Angeles CA 90062
3982 S Gramercy, Los Angeles CA 90062
3982 S Gramercy, Los Angeles CA 90062
3982 S Gramercy, Los Angeles CA 90062
3982 S Gramercy, Los Angeles CA 90062
3982 S Gramercy, Los Angeles CA 90062
3982 S Gramercy, Los Angeles CA 90062
3982 S Gramercy, Los Angeles CA 90062
3982 S Gramercy, Los Angeles CA 90062
California>Los Angeles>King Estates

3982 S GramercyLos Angeles, CA 90062

For Sale

$849,999

Smart Buyer Rebate $8,500

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.

Listed by Christian Walsh

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License #01804983

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Berkshire Hathaway HomeServices California Properties

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949-677-3466

Last updated November 15, 2025

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Source: CRMLS #PW25259008

Listing Facts

  • TypeMulti-family
  • NeighborhoodKing Estates
  • Days on Prevu29

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/14/2025
Listed by Berkshire Hathaway HomeServices California Properties
$849,999

Property Details for 3982 S Gramercy

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1923
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 3,372
  • Building Area Units: Square Feet
  • Lot Features: Yard
  • Lot Size Acres: 0.22
  • Lot Size Area: 9,819
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 9,819
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $41,136.00
  • Operating Expense: $18,100.00

Taxes

  • Parcel Number: 5035007011

Other

Location

  • Tax Lot: 74

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking Spaces: 4
  • Parking Features: Driveway
  • Parking Total: 6

Utilities

Equipment

  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Private

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 3982 S Gramercy.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 3982 S Gramercy.

How does 3982 S Gramercy compare to other multi-family homes in King Estates?

This multi-family home is listed 21% below the average price for multi-family homes in King Estates and has been on the market for 93 less days than the typical home in this area.

3982 S Gramercy is a -bedroom multi-family home for sale in Los Angeles CA 90062. Listed on Prevu for 29 days at $849,999. This property is located in King Estates. The median listing price for multi-family homes in this area is $968,500. Property amenities include parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.