3982 S Gramercy, Los Angeles, CA 90062
- $699,000
- List Price
- $699,000
- Price Change
- ▼ $100,000 1788233661
- Status
- ACTIVE
- MLS#
- PW25259008
- Year Built
- 1923
- Lot Size
- 9,819
- Acres
- 0.23
- Lot Location
- Yard
- Days on Market
- 302
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- One Level
Property Description
$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.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Private
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $41,136
- Operating Expense
- 15800
Listing courtesy of Listing Agent: Christian Walsh (cw@wireassociates.com) from Listing Office: Berkshire Hathaway HomeServices California Properties.
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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.