4960 4962 Gambier Street, Los Angeles, California 90032, Los Angeles, 90032 - bed, bath

4960 4962 Gambier Street, Los Angeles, California 90032 home-pic-0
ACTIVE$1,299,999
4960 4962 Gambier Street, Los Angeles, California 90032
0Bed
0Bath
3,828Sqft
7,840Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
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.
Top Cons:
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.

Compared to the nearby listings

Price:$1.30M vs avg $797.5K (+$502,499)92%
Size:3,828 sqft vs avg 1,850 sqft92%
Price/sqft:$340 vs avg $46117%

More Insights

Built in 1994 (31 years old).
Condition: 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'.
Year Built
1994
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$340
HOA
-
Days on market
-
Sold On
-
MLS number
TR25099738
Home ConditionFair
Features
View-

About this home

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.

Condition Rating
Fair

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'.
Pros & Cons

Pros

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.
Excellent Location & Accessibility: Situated in El Sereno, it offers easy access to major freeways, is minutes from Downtown LA and Alhambra, boasts a high walkability score, bike-friendly streets, public transit, and proximity to Cal State LA and USC Health Sciences Campus.
Ample Parking & Storage: A long driveway leads to two separate 2-car garages, each with washer and dryer hookups, providing abundant parking and storage solutions for both units.

Cons

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.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state