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3846 S Gramercy Pl
Los Angeles, CA 90062 Leimert Park

$925,000 USD

Apartments For Sale  •  3,200 SF

Property Details

• Property Type Apartments
• Total Building Size 3,200 SF
• Lot Size 0.08 AC
• Building Class B
• Year Built 1918
• Cap Rate 3.76 %
• Zoning LAR1

70 Transit Score

60 Walk Score

Highlights

Delivered with 1 Spacious, Rent Ready Vacancy

In-Unit Laundry

2nd Story Enclosed Verandas / Ground Level Porches

Garage & Driveway Parking

Steady, Long Term Rental Upside

Approximately 1.5 Miles West of USC

Financial Summary (Actual)

Net Operating Income: $34,783 USD (2026)

Cap Rate:	3.76 %
Total Expenses:	$25,500 USD

Amenities

• Washer/Dryer Hookup

Public Transportation

Commuter Rail	Drive	Walk	Distance
	13 min	-	6.8 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	15 min	-	7.0 mi
Transit/Subway	Drive	Walk	Distance
Expo/Western (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	8 min	0.4 mi
Airport	Drive	Walk	Distance
Los Angeles International	19 min	-	9.2 mi
Bob Hope	31 min	-	15.3 mi
Long Beach (Daugherty Field)	31 min	-	21.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2
Type:	Surface
Included in Rent:	Yes