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$925,000
SB26154987 MLS Active Status
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.

3846 S Gramercy Place, Los Angeles

$875,000
RS26068031 MLS Active Status
Attention Investors and Owner-Users! | Four Single-Story Free-Standing Homes Located in the Desirable Hyde Park Neighborhood of Los Angeles | Perfect Opportunity for Owner-User | Situated 2 blocks away from the Hyde Park Station for the Crenshaw/LAX Metro Transit Line (K Line) | Area offers easy access to Baldwin Hills Crenshaw Plaza, Kia Form, SoFi Stadium, Intuit Dome, Hollywood Park Casino, Westfield Culver City, Los Angeles International Airport (LAX), The University of Southern California, Crypto Arena, and more | Zoning is LAR3 Transit Oriented Community (TOC) Area Tier 3 Zoning | Build up to 17 Units | Reduced Parking Requirements and Setback Allowances | No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit | Owner Occupants can Buy Using Residential Conv or FHA Financing.

6023 11th Avenue, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.