3982 S Gramercy

$699,000 for a 9,819 sq ft corner lot in Southwest Los Angeles, with four income-producing units already in place. Two single-level duplex buildings totaling ~3,372 sq ft occupy a peninsula parcel with street frontage on multiple sides and adjacent alley access, a footprint that opens up options a standard interior lot does not. All four units are 2 bedroom / 1 bath with washer/dryer hookups, raised-foundation construction, and separate gas and electric metering. Six parking spaces total, including a detached two-car garage. Scheduled income of $41,136 helps carry the asset while a buyer works through longer-range plans. Near public transit and major corridors. Buyer to verify zoning, permitted uses, square footage, and all applicable rent regulations with the City of Los Angeles.