$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.
For sale
Listed by: Berkshire Hathaway HomeServices California Properties • Christian Walsh • Contact: 949-677-3466
Price cut: $100K (8/31)
$699,000
3982 S Gramercy Pl, Los Angeles, CA 90062
8beds
4baths
3,372sqft
Quadruplex
Built in 1923
-- sqft lot
$761,900 Zestimate®
$207/sqft
$-- HOA
What's special
- 297 days
- 874
- 78
Zillow last checked:
Listing updated:
Listed by:
Christian Walsh DRE #01804983 949-677-3466,
Berkshire Hathaway HomeServices California Properties
Source: CRMLS,MLS#: PW25259008
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Appliances
- Laundry: Inside
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,372
- Total interior livable area: 3,372 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway
- Garage spaces: 2
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 9,819 Square Feet
- Features: Yard
Details
- Parcel number: 5035007011
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Private
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $207/sqft
- Tax assessed value: $1,188,552
- Date on market: 11/14/2025
- Cumulative days on market: 297 days
- Listing terms: Conventional
- Tenant pays: Electricity, Gas
Estimated market value
$761,900
$724,000 - $800,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Price change | $699,000-12.5%$207/sqft |
Source:  CRMLS #PW25259008 Report a problem | ||
| 7/17/2026 | Listed for sale | $799,000-6%$237/sqft |
Source: CRMLS #PW25259008 Report a problem | ||
| 2/27/2026 | Contingent | $849,999$252/sqft |
Source: CRMLS #PW25259008 Report a problem | ||
| 11/14/2025 | Listed for sale | $849,999$252/sqft |
Source: CRMLS #PW25259008 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,188,552 +2% |
| 2025 | $14,579 +1.2% | $1,165,248 +2% |
| 2024 | $14,405 +477.3% | $1,142,400 +664.6% |
| 2023 | $2,495 +3.6% | $149,412 +2% |
| 2022 | $2,408 +2% | $146,484 +2% |
| 2021 | $2,360 -0.6% | $143,612 +1% |
| 2020 | $2,374 | $142,140 +2% |
| 2019 | $2,374 +12.3% | $139,354 +2% |
| 2018 | $2,113 | $136,622 +2% |
| 2017 | $2,113 +1.7% | $133,944 +2% |
| 2016 | $2,078 +4.2% | $131,318 +1.5% |
| 2015 | $1,994 -0.4% | $129,346 +2% |
| 2014 | $2,002 | $126,814 +4.5% |
| 2011 | -- | $121,342 +0.8% |
| 2010 | -- | $120,436 +5.9% |
| 2006 | -- | $113,764 |
| 2005 | -- | $113,764 +6% |
| 2003 | -- | $107,344 +2% |
| 2002 | -- | $105,240 +4% |
| 2000 | -- | $101,156 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Los Angeles
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