Listing Agent: Abigail Esquibel Broker/Office: Redfin Corporation
1024 Gage Avenue N Los Angeles CA 90063
$ 1,800,000
4
| 1
| 1412 Sq Feet
Listing ID
#BB26096301
Status
Active
Property Type
Single Family Residence
County
Los Angeles
Year Built
1924
Days on website
7
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.
Location
Financial Information
List Price:
$ 1800000
Property Features
Community Features:
Suburban
High School District:
Los Angeles Unified
Levels:
One
Senior Community YN:
false
Structure Type:
House
View:
Neighborhood
Water Source:
Public
High School District:
Los Angeles Unified
MLS Area Major:
677 - Lincoln Hts
City:
Los Angeles
Senior Community YN:
false
Listed By:
Abigail Esquibel
Redfin Corporation
CA Lic#
CA Lic#