4811 S Gramercy Place
Los Angeles, CA 90062
6
Bed
0
Bath
4,308Sqft
6,502Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 6Bathroom Information
Total Baths: 2 Full Baths: 0 Half Baths: 0
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Building Information
Year Built: 1911 Building Area Total: 4,308
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1493 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6502
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Listing Price Information
Original List Price: 899,999 Listing Contract Date: 2025-12-22 -
Lease Information
Listing Agreement: Probate
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Tax Information
Parcel Number: 5015013018
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Garage and Parking
Garage Description: NoneHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: Other
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Other Property Info
Source Listing Status: Active Source Neighborhood: PHHT - Park Hills Heights Postal Code Plus 4: 2238 Directions: On Gramercy Pl just south of 48th St, West of Western Ave. and East of Arlington Ave. Zoning: LAR4 Source Property Type: Residential Income Area: PHHT - Park Hills Heights -
Building and Construction
Property Age: 115 Year Built Source: Vendor Enhanced Total Square Feet Living: 4308 Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4020 Brighton, Los Angeles, CA, 90062 | $950,000 | 4 | 1 | 2,294 | 2,294 SqFt |
| 3938 Dalton Ave, Los Angeles, CA, 90062 | $799,000 | 3 | 2 | 1,526 | 1,526 SqFt |
| 3987 Halldale Avenue, Los Angeles, CA, 90062 | $948,999 | 5 | 3 | 2,496 | 2,496 SqFt |
| 3940 Denker, Los Angeles, CA, 90062 | $620,000 | 3 | 2 | 1,196 | 1,196 SqFt |
| 4041 Denker, Los Angeles, CA, 90062 | $865,000 | 2 | 1 | 1,112 | 1,112 SqFt |
| 1447 W 47th Street, Los Angeles, CA, 90062 | $590,000 | 2 | 2 | 2,027 | 2,027 SqFt |
| 4314 Dalton Avenue, Los Angeles, CA, 90062 | $624,999 | 2 | 1 | 1,304 | 1,304 SqFt |
| 1474 W Vernon Avenue, Los Angeles, CA, 90062 | $998,000 | 5 | -- | 2,263 | 2,263 SqFt |
| 1459 W 47th Street, Los Angeles, CA, 90062 | $999,000 | 4 | 3 | 2,081 | 2,081 SqFt |
| 3821 S Hobart Boulevard, Los Angeles, CA, 90062 | $750,000 | 2 | 1 | 794 | 794 SqFt |
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ByOwner last updated this listing 06/17/2026 @ 12:42
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