About This Home

This land at 1000 N Gage Ave in Los Angeles, CA is listed for $119,000 (0.26 acres).

Key Features

  • 0.26 acre lot

Amenities

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Listing Description

Exceptional hillside land opportunity in the highly desirable City Terrace neighborhood, one of East Los Angeles' rapidly growing residential communities. Set on an expansive 11,190 sq. ft. lot, this prime parcel offers outstanding potential to build a custom single-family home with the opportunity to add an ADU and a Junior ADU, creating the possibility for three total units (buyer to verify with the appropriate agencies).

This flexible development potential makes the property ideal for rental income, multigenerational living, or expanded living space. Utilities and sewer connections are available at the street, helping streamline the development process and reduce upfront infrastructure costs.

Situated on a paved street, the property is conveniently located just minutes from California State University, Los Angeles, USC Keck Medical Center, Downtown Los Angeles, and major freeways including the 10 and 710, offering convenient access to employment centers, education, healthcare, and entertainment.

City Terrace continues to emerge as one of Los Angeles' most sought-after residential enclaves, driven by ongoing revitalization, strong buyer demand, and an influx of young professionals. Its central location and proximity to major institutions make it an attractive option for homeowners, investors, and developers alike.

The nearby university also presents potential opportunities for student housing or investment income. Whether you're a developer, investor, or owner-builder, this is a rare opportunity to secure a prime piece of land in one of East Los Angeles' most promising growth markets and bring your vision to life.

Location

1000 N Gage Ave

Los Angeles, CA 90063

Property Details

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Questions & Answers

This 0-bedroom, 0-bathroom land at 1000 N Gage Ave is listed at $119,000. The estimated monthly payment is $637 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.26 acre lot.

This property is listed by Fernando Lara and can be reached at 2133242152.

FL

Fernando Lara

Agent at Brokers Trust Real Estate Group

(213) 324-2152

Listed by Brokers Trust Real Estate Group · View on Broker Site

MLS# 26864319· Source: listhub· 2 days on market

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1000 N Gage Ave, Los Angeles, CA 90063

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