Listing provided courtesy of Abigail Esquibel of Redfin Corporation. Last updated . Listing information © 2025 SANDICOR.
Asking Price: $1,650,000
1024 Gage Avenue, Los Angeles CA 90063
Community:
This Residential property was built in 1924 and is priced at $1,650,000. Please see the additional details below.
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 planningperfect 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 appealsupporting excellent resale and rental potential. Opportunities like thismultiple adjoining parcels with true development upsideare increasingly RARE in Los Angeles! Buyer to verify zoning, density, utilities, and all development requirements.
