4960 4962 Gambier Street, Los Angeles, California 90032, Los Angeles, 90032 - bed, bath
4960 4962 Gambier Street
Los Angeles, California 90032
Property Price
SUMMARY
Analysis of 4960 4962 Gambier Street, Los Angeles, California 90032 is currently available with a list price of $1,299,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1994, this duplex presents a mixed condition. While the description notes a 'recently remodeled' back unit with newer kitchen cabinets, granite countertops, and updated bathrooms, and both units benefit from a two-year-old roof, dual-pane windows, and laminate flooring, the images reveal a disparity. One kitchen (Image 4) appears modern with granite and stainless steel appliances, aligning with the 'remodeled' description. However, another kitchen (Image 2) features older wooden cabinets, basic appliances, and fluorescent lighting, indicating it has not been updated. Similarly, a bathroom image (Image 6) shows dated white tiles and a sliding shower door. A significant drawback is the noted lack of central air conditioning. Overall, the property is functional and has received some recent updates to one unit and major components like the roof, but the other unit requires substantial cosmetic updates, and the absence of central AC brings the overall condition to 'Fair'.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Potential
This duplex offers significant investment flexibility, allowing for multigenerational living, renting both units, or living in one and renting the other to maximize long-term equity and generate income.
- Spacious Living & Lot Size
With two homes totaling 3,828 sq ft (1,914 sq ft each) and a generous 7,840 sq ft lot, the property provides ample living space and outdoor area, a rare find at this price point.
- Recent Updates & Remodels
The property features a two-year-old roof, dual pane windows, laminated floors throughout, and the back unit has been recently remodeled with newer kitchen cabinets, granite countertops, and updated bathrooms.
CONSRISKS & DEFICIENCIES
- Lack of Central Air Conditioning
The property description does not mention a central air conditioning system, which could be a significant drawback for comfort during Los Angeles' hotter months.
- Age of Core Systems
While cosmetic updates are noted, the property was built in 1994, and the condition or age of core systems (e.g., plumbing, electrical, heating) beyond the roof is not specified, potentially leading to future maintenance costs.
- Potential for Uneven Unit Modernization
Only the back unit is explicitly described as 'recently remodeled' with specific updates, suggesting the front unit may not be to the same modern standard, which could affect rental parity or required investment.
About 4960 4962 Gambier Street
Welcome to a rare opportunity in the heart of El Sereno — 4960 & 4962 Gambier St., two homes on a generous 7,840-square-foot lot. This charming duplex offers a combined 3,828 square feet of living space or 1,914 square feet for each home. These homes perfectly balance comfort, space, and convenience. Each home features 4 bedrooms and 2.5 bathrooms, a huge living room, kitchen, dining room, laminated floors throughout, dual pane windows, a two year old roof. A long, inviting driveway that leads to two separate 2-car garages, both equipped with washer and dryer hookups — providing plenty of parking and storage space for all your needs. The back unit was recently remodeled with newer kitchen cabinets, granite counter tops, remodeled bathrooms, laminated floors throughout, includes a versatile bonus room, perfect for a home office, guest suite, or an additional bedroom. With easy access to major freeways, you’re just minutes from Alhambra, Downtown LA, and surrounding areas — making commuting a breeze. Plus, the neighborhood boasts a high walkability score, with errands easily done on foot, and is enhanced by bike-friendly streets and convenient public transit options. BLIND OFFERS ARE BEING IGNORED. You’ll also be close to Cal State LA and the USC Health Sciences Campus, opening doors to educational and professional opportunities. Whether you’re looking for a home that accommodates multigenerational living, an income-producing property, or a savvy investment, this duplex offers spacious living, ample parking, and the kind of square footage that’s rarely available at this price. Live in one unit and rent the other, or maximize long-term equity — the possibilities are endless. Don’t miss your chance to own a property that delivers flexibility, value, and space all in one.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1994
- Lot Size
- 7,840 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,828 | 1,672 | 80% |
| Lot Size | 7,840 | 6,680 | 80% |
| Price | $1.30M | $720.0K | 80% |
| Price per sq ft | $340 | $353 | 40% |
| Built year | 1994 | 1947 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 298 | 219 | 80% |
Pricing History
Listed for Sale
Aug 29, 2025
$1,299,999
Initial Listing
Price Change
May 12, 2025
$1,299,900
Initial Listing