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
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

We found 3 Cons,5 Pros. Rank: price - $1.30M(92th), sqft - 3828(92th), beds - undefined(50th), baths - undefined(50th).

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.

Price History

Date
Event
Price
08/29/25
Price Change
$1,299,999
05/12/25
Listing
$1,299,900
Condition Rating
Fair

Built in 1994, this duplex presents a mixed condition. While the back unit has been recently remodeled with newer kitchen cabinets, granite countertops, updated bathrooms, and modern lighting, the front unit appears significantly dated. Its kitchen features older honey-oak cabinets, laminate countertops, and a fluorescent light fixture, while the bathroom shows an older shower enclosure and basic fixtures. The property benefits from a 2-year-old roof and dual-pane windows, but the lack of central air conditioning and the need for substantial cosmetic updates in one of the units prevent it from reaching a 'Good' rating. It is functional but requires minor to moderate updates to achieve consistent modern appeal across both units.
Pros & Cons

Pros

Income-Generating Duplex & Versatility: This property offers two distinct homes, each with 4 bedrooms and 2.5 bathrooms, providing excellent potential for rental income, multi-generational living, or a savvy investment strategy where one unit can be rented while the other is owner-occupied.
Spacious Living & Generous Lot: With a combined 3,828 square feet of living space across two units (1,914 sqft each) on a substantial 7,840-square-foot lot, the property offers ample room and outdoor space, a significant advantage in the Los Angeles market.
Recent Key Updates & Good Condition: The property benefits from a two-year-old roof, dual-pane windows, laminated floors throughout, and a recently remodeled back unit (kitchen, bathrooms, bonus room), indicating good maintenance and reduced immediate capital expenditures for a buyer.
Prime Location & Accessibility: Situated in El Sereno, the location boasts a high walkability score, bike-friendly streets, convenient public transit, easy freeway access to Downtown LA and Alhambra, and proximity to Cal State LA and USC Health Sciences Campus, enhancing its appeal to residents and tenants.
Ample Parking & Storage: The property features a long driveway leading to two separate 2-car garages, both equipped with washer and dryer hookups, providing significant and highly desirable parking and storage solutions.

Cons

Inconsistent Unit Modernization: While the back unit has been recently remodeled with newer kitchen cabinets, granite countertops, and updated bathrooms, the description does not explicitly state similar updates for the front unit, suggesting it may have older finishes or require future renovation to match.
Absence of Central Air Conditioning: The property description does not mention a cooling system, which could be a notable drawback during Los Angeles's hot summer months for both residents and potential tenants, potentially impacting comfort and rental appeal.
Seller's Firm Negotiation Stance: The explicit statement 'BLIND OFFERS ARE BEING IGNORED' indicates a seller who expects well-researched and competitive offers, potentially limiting negotiation flexibility and requiring buyers to present strong, well-considered proposals.

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