Discover a prime investment opportunity at 3846 S Gramercy Place. This four-plex features spacious one-bedroom layouts, including the highly coveted tenant conveniences of in-unit laundry, ground level porches, and second-story enclosed verandas. The property will be delivered with one rent-ready vacant unit, providing the perfect setup for an owner-occupier or an investor ready to capture immediate market-rate rent. With the remaining units currently below market, the new owner is positioned for significant long-term rent growth and appreciation, even without immediate major renovations. Gramercy Place delivers with a garage plus additional driveway spaces. Whether you are looking for a stable addition to your portfolio or a home-plus-income, this property offers a blend of immediate utility and future upside.
Additional Features
- Wall Furnace
- 0-1 Unit/Acre
- Two
- Parking spaces: 3.00
- Listing Status: Active
- Listing Agent: Derek Fowler
(lic# 01319692)
of South Bay
- Listing Office: Re/Max Commercial & Investment
(lic# 01508014)
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Based on information from CRISNet MLS as of 3rd November 2026 at 1:18am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
