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Listed by Abigail Esquibel • Redfin Corporation
$1,650,000
Est. payment /mo
4 Beds
1 Bath
1,412 SqFt
Price Dropped by $150K
1024 North Gage Avenue Los Angeles, CA 90063
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,412 sqft
Price per Sqft $1,168
MLS Listing ID BB-26096301
Bedrooms 4
Full Baths 1
Year Built 1924
Lot Size 0.399 Acres
Property Sub-Type Single Family Residence
Source California Regional Multiple Listing Service (CRMLS)
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.
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.
Location
State CA
County Los Angeles
Area 677 - Lincoln Heights
Interior
Cooling See Remarks
Fireplaces Type See Remarks
Laundry See Remarks
Exterior
Pool None
Community Features Street Lights, Suburban
View Y/N Yes
Building
Lot Description Front Yard, Back Yard
Sewer Public Sewer
NEARBY SCHOOL & BUSINESS
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