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About This Home
This 4-bedroom, 1-bathroom single family at 1024 N Gage Avenue in Los Angeles, CA is listed for $1,800,000 ($1,275 per sqft). Built in 1924, the home offers 1,412 sqft of living space on a 0.40 acres lot.
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.
Key Features
- Built in 1924
- 0.40 acre lot
- 2 stories
- 4 parking spaces
Property Details
Monthly Cost Estimate
$9,627/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1024 N Gage Avenue
Los Angeles, CA 90063
Features & Amenities
Exterior Features
Questions & Answers
This 4-bedroom, 1-bathroom single family at 1024 N Gage Avenue is listed at $1,800,000 ($1,275/sqft). The estimated monthly payment is $7,800 based on 20% down at 6.5% interest.
Key features include: Built in 1924, 0.40 acre lot, 2 stories, 4 parking spaces. Exterior Features: Community Features Included: Street Lights, Suburban, Front Yard.
This property is listed by Abigail Esquibel and can be reached at 6193165156 or abigail.esquibel@redfin.com.
