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A 4-Unit Property 3846 S Gramercy Pl 4 Unit Apartment Building $1,279,830 CAD ($319,957 CAD/Unit) 3.76% Cap Rate Los Angeles, CA 90062
Investment Highlights
- Delivered with 1 Spacious, Rent Ready Vacancy
- 2nd Story Enclosed Verandas / Ground Level Porches
- Steady, Long Term Rental Upside
- In-Unit Laundry
- Garage & Driveway Parking
- Approximately 1.5 Miles West of USC
Executive Summary
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.
Data Room Click Here to Access
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$87,798
|
$27.44
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$4,390
|
$1.37
|
| Effective Gross Income |
$83,408
|
$26.06
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$35,282
|
$11.03
|
| Net Operating Income |
$48,126
|
$15.04
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $87,798 |
| Annual Per SF | $27.44 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $4,390 |
| Annual Per SF | $1.37 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $83,408 |
| Annual Per SF | $26.06 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $35,282 |
| Annual Per SF | $11.03 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $48,126 |
| Annual Per SF | $15.04 |
Property Facts
Amenities
Unit Amenities
- Washer/Dryer Hookup
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $2,767 CAD | 760 |
| 1+1 | 1 | $1,581 CAD | 760 |
| 1+1 | 1 | $1,529 CAD | 760 |
| 1+1 | 1 | $1,439 CAD | 760 |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5035-026-017 | Improvements Assessment | $236,907 CAD (2025) |
| Land Assessment | $852,900 CAD (2025) | Total Assessment | $1,089,807 CAD (2025) |
Property Taxes
Parcel Number
5035-026-017
Land Assessment
$852,900 CAD (2025)
Improvements Assessment
$236,907 CAD (2025)
Total Assessment
$1,089,807 CAD (2025)
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A 4-Unit Property | 3846 S Gramercy Pl
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