$1,299,900

Estimated payment $7,800/month

Total Views 3,718
9 Beds
6 Baths
3,828 Sq Ft
$340 Price per Sq Ft

Highlights

  • No HOA
  • Double Pane Windows
  • Central Heating and Cooling System
  • Abraham Lincoln High School Rated A
  • Laundry Room

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.
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.

Listing Agent

Monica Olmos

Century 21 Masters Brokerage Phone: 626-715-4663 License #01227976 Listed on: 05/12/2025

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,606

Year Built

  • Built in 1994

Lot Details

  • 7,840 Sq Ft Lot
  • No Common Walls
  • No Landscaping

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 3,828 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Laminate Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 87
  • Tax Tract Number 3479
  • Assessor Parcel Number 5218010019
  • $575 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $3,600
  • Insurance Expense $1,536
  • Trash Expense $1,200
  • Water Sewer Expense $1,800
  • Operating Expense $8,136
  • Net Operating Income $55,224

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,606

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 649950
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1800.00
  • Zoning: LARD3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5218010019
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: No
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 339.58
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 7840.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 3600.00
  • Gross Scheduled Income: 63360.00
  • Insurance Expense: 1536.00
  • Lot Size Area: 7840.0000 Square Feet
  • Net Operating Income: 55224.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 8136.00
  • Rent Control: No
  • Total Expenses: 8136.00

Tax Info

  • Tax Census Tract: 2015.04
  • Tax Lot: 87
  • Tax Tract Number: 3479
  • TaxOtherAnnualAssessmentAmount: 575.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,606 $682,830 $387,241 $295,589
2024 $8,606 $669,443 $379,649 $289,794
2023 $8,447 $656,317 $372,205 $284,112
2022 $8,066 $643,449 $364,907 $278,542
2021 $7,951 $630,833 $357,752 $273,081
2020 $8,025 $624,365 $354,084 $270,281
2019 $7,720 $612,124 $347,142 $264,982
2018 $7,560 $600,123 $340,336 $259,787
2016 $7,196 $576,821 $327,121 $249,700
2015 $7,094 $568,158 $322,208 $245,950
2014 $7,126 $557,030 $315,897 $241,133
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2025 06/29/25 For Sale $1,299,900 0.0% $340 / Sq Ft
06/26/2025 06/26/25 Off Market $1,299,900 -- --
05/12/2025 05/12/25 For Sale $1,299,900 -- $340 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $529,000 Investors Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $297,500 New Conventional
Closed $365,000 New Conventional
Closed $370,000 New Conventional
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR25099738

California Regional Multiple Listing Service (CRMLS)

APN: 5218-010-019