About This Home

This 4-bedroom, 1-bathroom single family at 1024 N Gage Avenue in Los Angeles, CA is listed for $1,300,000 ($921 per sqft). Built in 1924, the home offers 1,412 sqft of living space on a 0.40 acres lot.

Key Features

  • Built in 1924
  • 0.40 acre lot
  • 4 parking spaces
  • Fireplace

Property Details

1 story
1 full
4 spaces
1924

Amenities

FireplaceA/C
Listing 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.

Monthly Cost Estimate

$6,953/mo

20% down · 6.5% · 30 years

Principal$940
Interest$5,633
Insurance$379

Estimates only. Actual payments may vary.

Location

1024 N Gage Avenue

Los Angeles, CA 90063

Questions & Answers

This 4-bedroom, 1-bathroom single family at 1024 N Gage Avenue is listed at $1,300,000 ($921/sqft). The estimated monthly payment is $6,953 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1924, 0.40 acre lot, 4 parking spaces, Fireplace.

This property is listed by Abigail Esquibel.

AE

Abigail Esquibel

License 02062594

Agent at Redfin Corporation

Listed by Redfin Corporation · Broker phone: (949) 294-6186 · Broker website

MLS# BB26096301· Source: California Regional Multiple Listing Service, Inc· 179 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1024 N Gage Avenue, Los Angeles, CA 90063

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