$ 899,999
-
$899,999
Price -
2
Bed -
1
Bath -
4,308
SqFt
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About the Listing CLW-X7898401 - CLW-X69403,IVWYLICAP
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.
Listing Highlights
Status
Active
Days on Site
103
Property Type
Multi-Family
MLS ®
26654085
Year Built
1911
Total Square Footage
4,308
Lot/Acreage
0.15
County
Los Angeles
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 2
- Zoning: LAR4
- Roof:
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5015013018
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
4811 S Gramercy Pl Los Angeles, CA 90062
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