4811 Gramercy, Los Angeles CA 90062 | $999,900

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 6502 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1911
  • MLS#: 26654085
  • Community: PHHT - Park Hills Heights

Listing provided courtesy of Bill Gross of eXp Realty of California Inc. Last updated 2026-04-26 08:11:15.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.15 Acres

David Piper

Call or Text: 858-525-5007

DRE# 02021985