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CA
Los Angeles
Los Angeles
90062
4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062
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$999,900

4811 S Gramercy Place, Los Angeles, CA, 90062

ACTIVE
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4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062
Unsave
Save
4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062
4811 S Gramercy Place, Los Angeles, CA, 90062

Information

Price: $999,900
Days On Market: 121
Year Build: 1911
Bedrooms: 6
MLS ID: 26654085
Status: Active

Details

Address: 4811 S Gramercy Place
County: Los Angeles
City: Los Angeles
Zip: 90062
State: California

Description

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.

Location

Listed By

Listing Agent

Bill Gross

Bill@TheLAProbateExpert.com
310-210-0008
EXp Realty Of California Inc
Co-Listing Agent

CAPRIES WYLIE-PHILLIPS

EXP REALTY OF SOUTHERN CALIFORNIA INC.

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Print Details
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 23rd April, 2026 1:04 PM (UTC)
Listing Agent: Bill Gross
Listing Office: EXp Realty Of California Inc
Attribution contact: 310-210-0008

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The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 23rd April, 2026 1:04 PM (UTC)

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