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A 4-Unit Property 3846 S Gramercy Pl 4 Unit Apartment Building $1,301,475 CAD ($325,369 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 |
$89,283
|
$27.90
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$4,464
|
$1.40
|
| Effective Gross Income |
$84,818
|
$26.51
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$35,878
|
$11.21
|
| Net Operating Income |
$48,940
|
$15.29
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $89,283 |
| Annual Per SF | $27.90 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $4,464 |
| Annual Per SF | $1.40 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $84,818 |
| Annual Per SF | $26.51 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $35,878 |
| Annual Per SF | $11.21 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $48,940 |
| Annual Per SF | $15.29 |
Property Facts
Amenities
Unit Amenities
- Washer/Dryer Hookup
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $2,814 CAD | 760 |
| 1+1 | 1 | $1,608 CAD | 760 |
| 1+1 | 1 | $1,555 CAD | 760 |
| 1+1 | 1 | $1,463 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 | $240,045 CAD (2025) |
| Land Assessment | $864,196 CAD (2025) | Total Assessment | $1,104,241 CAD (2025) |
Property Taxes
Parcel Number
5035-026-017
Land Assessment
$864,196 CAD (2025)
Improvements Assessment
$240,045 CAD (2025)
Total Assessment
$1,104,241 CAD (2025)
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A 4-Unit Property | 3846 S Gramercy Pl
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