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4938 Gambier St, Los Angeles, CA 90032
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4938 Gambier St Los Angeles, CA 90032

$945,000 Sold Price as of 11/12/2021
  • 8 Beds
  • 4 Baths
  • 3,455 Sq.Ft.
Sold
$945,000 Sold Price as of 11/12/2021 Refinance Your Mortgage
Map preview of 4938 Gambier St, Los Angeles, CA 90032

Property Overview: 4938 Gambier St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,455 living square feet and 7,838 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 4938 Gambier Street is a four-unit apartment property in Los Angeles’ desirable El Sereno neighborhood, where the median home price has increased 8.5% in just the past year. The property is located two blocks from El Sereno Middle School and two miles from Cal State Los Angeles and the 710 and 10 freeways. 4938 Gambier Street is a 1920 construction that consists of two duplexes with all two-bedroom one-bath units and all units are separately metered for gas and electricity. The property also offers in-unit laundry hookups, eight surface parking spaces, and an underutilized back patio. Recent improvements include new electrical panels. This offering presents a great opportunity for an astute investor to acquire an asset in an up-and-coming neighborhood, reposition the property, and capture substantial rental upside.

Listed by Steven Bogoyevac | BRE #01332755 | Steven M. Bogoyevac, Broker
Co-listed by David O'Keefe | BRE #01928739 | Marcus & Millichap
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 60

Home details

Lot Sq. Ft
7,838
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW21161683
City
Los Angeles
County
Los Angeles
Time on Site
1025 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,266
  • Total Rent: $5,064
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $60,770
  • Net Operating Income: $39,882
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $19,315
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 4938 Gambier St

Interior Features
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5218010024
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: south of Templeton, east of Eastern
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 4938 Gambier St

Last sold for $945,000 on November 12th, 2021

  • October, 2021

  • Oct 14, 2021

    Date

    Pending

    CRMLS: PW21161683

    $990,000

    Price

  • Jul 23, 2021

    Date

    Active

    CRMLS: PW21161683

    $990,000

    Price

  • June, 2021

  • Jun 6, 2021

    Date

    Expired

    CRMLS: PW21060316

    $1,000,000

    Price

  • Jun 1, 2021

    Date

    Active

    CRMLS: PW21060316

    $1,000,000

    Price

  • May 14, 2021

    Date

    Pending

    CRMLS: PW21060316

    $1,000,000

    Price

  • Mar 23, 2021

    Date

    Active

    CRMLS: PW21060316

    $1,000,000

    Price

  • Listing provided courtesy of CRMLS

  • December, 2020

  • Dec 24, 2020

    Date

    Expired

    CRMLS: PW20137315

    $1,000,000

    Price

  • Sep 25, 2020

    Date

    Price Change

    CRMLS: PW20137315

    $1,000,000

    Price

  • Jul 30, 2020

    Date

    Active

    CRMLS: PW20137315

    $1,060,000

    Price

  • Listing provided courtesy of CRMLS

    4938 Gambier Street is a 1920 construction that consists of two duplexes with all two-bedroom one-bath units, one of which is non-conforming, and all units are separately metered for gas and electricity. The property offers in-unit laundry hookups, four surface parking spaces, and an underutilized back patio. The property is located in Northeast Los Angeles south of Huntington Drive, two blocks from El Sereno Middle School, and just two miles from Cal State Los Angeles and the 710 and 10 freeways. This offering presents a great opportunity for an astute investor to add value and capture significant upside in rents.

  • January, 2018

  • Jan 31, 2018

    Date

    Sold (Public Records)

    Public Records

    $760,000

    Price

  • July, 2014

  • Jul 3, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4938 Gambier St

Assessed Value (2020): $790,704
Year Land Value Improved Value Assessed Value
2020 $478,584 $312,120 $790,704

Home Value Compared to the Market

This property vs the competition

4938 Gambier St sold on November 12, 2021 for 18.07% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $282.2 per/sqft which puts the price per square foot 62.62% lower than the current median sale per square foot for the city of Los Angeles.

About 4938 Gambier St

Detailed summary of property

4938 Gambier St is a multi family that recently sold in Los Angeles, CA 90032. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 3,455 living square feet, and sits on an approximately 7,838 square foot lot. 4938 Gambier St was first listed on ArdentRealEstateGroup.com on July 23, 2021. The homeowner sold the property for $945,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 18.07% lower than the current median priced home. Local homes that are currently for sale include 2415 Gates St, 6445 Roble Ave and 148 S Avenue 53. While the average home in Los Angeles, CA is selling in 94 days, 4938 Gambier St has a days on market of 60 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 4938 Gambier St Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4938 Gambier St

Public county record property details
Beds
7
Baths
4
Year built
1920
Sq. Ft.
3,455
Lot Size
7,838
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
92
APN
5218-010-024

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,900
Median List Price/Sq.Ft.
$666
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$676
Total Inventory
57
Median Sale to List Price %
93.75%
Avg Days on Market
20
Loan Type
Conventional (40%), FHA (10%), VA (0%), Cash (20%), Other (10%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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