4811 S Gramercy Pl, Los Angeles, CA 90062
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4811 S Gramercy Pl, Los Angeles, CA 90062
4811 S Gramercy Pl, Los Angeles, CA 90062
4811 S Gramercy Pl, Los Angeles, CA 90062
4811 S Gramercy Pl, Los Angeles, CA 90062
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Josh Canova

Josh Canova

+1(858) 361-7010
$ 899,999
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Price Dropped by $99K

4811 S Gramercy Pl Los Angeles, CA 90062

6 Beds

2 Baths

4,308 SqFt

Open House

Sat May 02, 1:00pm - 4:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,308 sqft

Price per Sqft $208

MLS Listing ID 26654085

Bedrooms 6

Year Built 1911

Lot Size 6,502 Sqft

Acres 0.1493

Property Sub-Type Multi-Family

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

Area Park Hills Heights

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features None

Garage Spaces 2.0

Building

Level or Stories Two

Others

Special Listing Condition Probate Listing

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by eXp Realty of California Inc

NEARBY SCHOOLS & PROPERTIES

Josh Canova

Josh Canova

Advisor | License ID: C135485

+1(858) 361-7010

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4811 S Gramercy Pl