4811 S Gramercy Place, Los Angeles, CA 90062
4811 S Gramercy Place, Los Angeles, CA 90062
4811 S Gramercy Place, Los Angeles, CA 90062
4811 S Gramercy Place, Los Angeles, CA 90062
4811 S Gramercy Place, Los Angeles, CA 90062
4811 S Gramercy Place, Los Angeles, CA 90062
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$ 899,999
Est. payment | /mo

2 Beds

4,308 SqFt


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$ 899,999
Est. payment | /mo
Save

2 Beds

4,308 SqFt

Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 4,308 sqft

Price per Sqft $208

MLS Listing ID CL26654085

Bedrooms 2

HOA Y/N No

Year Built 1911

Lot Size 6,502 Sqft

Acres 0.15

Property Sub-Type OTHER

Property Description

MAJOR PRICE IMPROVEMENT STRATEGIC VALUE-ADD OPPORTUNITY: Unlock substantial equity with this high-upside 1911 Craftsman triplex, spanning approximately 4,308 sq ft of living area on a prime 6,502 sq ft LAR4-zoned lot. This transparent, no-frills probate sale is priced to move, specifically accounting for the cosmetic updates needed to capture a healthy spread between acquisition and market value. Offering the rare advantage of flexible occupancy, it can be delivered vacant, investors can bypass tenant buyouts and move straight to a total rental reset or renovation at 2026 market rates. With its classic architectural "bones," multiple structures, and high-density development potential per the LAR4 zoning (Buyer to verify), this property is a cornerstone asset positioned near major transit and employment corridors. Sold strictly as-is and subject to court confirmation, this is a clear-cut opportunity for a professional investor to reposition a large-scale multi-unit asset in a supply-constrained neighborhood; the estate is motivated and ready to review serious offers.

Location

State CA

County Los Angeles

Zoning LAR4

Interior

Fireplace No

Exterior

Total Parking Spaces 2

Building

New Construction No

Others

Tax ID 5015013018

Bridge MLS
Listed by Bill Gross • eXp Realty of California Inc

Nearby Locations

Justin Kenney

+1(925) 808-9139

justinkenney96@gmail.com

9030 BRENTWOOD BLVD, BRENTWOOD, California, 94513, United States

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4811 S Gramercy Place