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Additional details
$ 1,580,000
Est. payment /mo
Price Dropped by $70K
1024 N Gage Avenue Los Angeles, CA 90063
4 Beds
1 Bath
1,412 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,412 sqft
Price per Sqft $1,118
MLS Listing ID BB26096301
Bedrooms 4
Full Baths 1
Year Built 1924
Lot Size 0.399 Acres
Property Sub-Type Detached
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 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.
Location
State CA
County Los Angeles
Direction Near N Gage Ave and Harris Ave
Interior
Cooling Other/Remarks
Fireplaces Type Other/Remarks
Fireplace No
Exterior
View Y/N Yes
Water Access Desc Public
View Neighborhood
Total Parking Spaces 4
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Senior Community No
Tax ID 5230005016
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Special Listing Condition Standard
Listed by Abigail Esquibel, DRE#02062594 Redfin Corporation
NEARBY SCHOOL & BUSINESS
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