1024 N Gage Avenue, Los Angeles, CA 90063

$1,580,000
4
BD
1
BA
1,412
SqFt

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List Agent Abigail Esquibel () Redfin Corporation; CoList ()

List Price
$1,580,000
Price Change
▼ $70,000 1785229984
Status
ACTIVE
MLS#
BB26096301
Year Built
1924
Bedrooms
4
Bathrooms
1
Living Sq. Ft
1,412
Lot Size
17,372
Lot Location
Back Yard, Front Yard
Days on Market
87
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

Unlock a rare development opportunity in the heart of City Terrace Hills! Three contiguous parcels totaling 17,372 sq ft are now available, offering a prime canvas for builders and developers ready to maximize potential in a high-demand Northeast LA market. Zoned R2, this offering is ideally suited for those looking to capitalize on density, with the potential to construct two residences per lot (buyer to verify with the City). The combined footprint allows for flexible site planning—perfect for new construction duplexes, detached homes, or a small multi-unit development. Positioned near City Terrace Park and just minutes from USC Keck Medical Center, Cal State LA, Downtown LA, and major freeways, this location delivers both convenience and strong end-user appeal—supporting excellent resale and rental potential. Opportunities like this—multiple adjoining parcels with true development upside—are increasingly RARE in Los Angeles! Buyer to verify zoning, density, utilities, and all development requirements.

Additional Information

Pool Description
None
Fireplace Description
See Remarks
Cooling
Yes
Cooling Description
See Remarks
View
Neighborhood
Sewer
Public Sewer
Water
Public
School District
Los Angeles Unified

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.