Date
Details
Price
Change
Source
11/14/2025
Listed
$849,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/25
$849,999
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1/25
Property Description
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.
Full Property Details
Full Property Details for 3982 S Gramercy
General
- Price: $849,999
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25259008
- Updated: 11/15/2025
- Days on Market: 64 days
- Added to Site: 64 day(s) ago
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
- Parking Features: Driveway
- Parking: Driveway
Location
- Area: C34 - Los Angeles Southwest
- County: Los Angeles
- Development Name: C34 - Los Angeles Southwest
- Driving Directions: Martin Luther King to S Gramercy
Utilities
- Sewer: Public Sewer
- Water: Private
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 3,372
- Year Built: 1923
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.2254
- Lot Size (Sq. Ft.): 9,819
- Lot Size Source: Public Records
- Lot Description: Yard
Financial Considerations
- Price Per Sq. Ft.: $252.08
- Price Per Unit: 212500
Listed by Berkshire Hathaway HomeServices California Properties, Christian Walsh
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Listing agent
— 3982 S Gramercy —
Christian Walsh
Berkshire Hathaway HomeServices California Properties
949-677-3466
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 3982 S Gramercy
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Martin Luther King Jr. Elementary School, Los Angeles, CA 3989 South Hobart Boulevard, Los Angeles, CA 90062 | K-5 | 0.3 mi |
Barack Obama Global Preparation Academy 1700 West 46th Street, Los Angeles, CA 90062 | 6-8 | 0.8 mi |
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet 5010 11th Avenue, Los Angeles, CA 90043 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3982 S Gramercy
Tax History
Tax History for 3982 S Gramercy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,579
484%
$1,165,248
680%
2023
$2,495
4%
$149,412
2%
2022
$2,408
2%
$146,484
2%
2021
$2,360
-1%
$143,612
1%
2020
$2,374
3%
$142,140
2%
2019
$2,305
9%
$139,354
2%
2018
$2,113
2%
$136,622
2%
2017
$2,078
4%
$133,944
2%
2016
$1,994
1%
$131,318
2%
2015
$1,971
-2%
$129,346
2%
2014
$2,002
—
$126,814
—
2013
$1,996
—
$126,242
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3982 S Gramercy
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 1,635Sq. Ft.
- Triplex
- Active
- Updated 15 hours ago
- 3Beds
- 3Total Baths
- 1,728Sq. Ft.
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- Single Family
- Active
- Updated 4 days ago
- 10Beds
- 6Total Baths
- 3,769Sq. Ft.
- Single Family
- Active
- Updated 5 hours ago
- 2Beds
- 1Total Bath
- 840Sq. Ft.
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- Single Family
- Closed
- 4Beds
- 2Total Baths
- 1,702Sq. Ft.
3982 S Gramercy, Los Angeles, CA 90062 (MLS# PW25259008) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 3982 S Gramercy is currently listed for $849,999 and was received on November 14, 2025. Want to learn more about 3982 S Gramercy? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.