$1.80M
1024 Gage Avenue, LOS ANGELES, CA 90063
Single Family Residence
Description
Three adjoining parcels of land totalling 17,372 sqft are now available in the highly sought-after City Terrace Hills neighborhood. Zoned R2, these parcels offer tremendous potential for developers, investors, or visionaries looking to create multi-family housing or other income-producing properties. Perfectly positioned just moments away from City Terrace Park, residents will enjoy access to green space, playgrounds, and recreation. The location also boasts unbeatable convenience—close to USC Keck Medical Center, Cal State LA, Northeast LA, and Downtown LA—providing easy access to major employment hubs, universities, and cultural destinations. This is a rare chance to acquire prime land with huge development potential in one of Los Angeles’ most up-and-coming areas.
Property Details
Bedrooms
4
Bathrooms
1
Living Area
1,412 sqft
Lot Size
17,372 sqft
Year Built
1924
Stories
2
View
Yes
Price History
Listed
Sep 2, 2025
$2M
Price Change
Jan 29, 2026
$1.80M
$-200,000
Location
Location Scores
What's Nearby
Restaurants, parks, schools, and more within 3 km. Powered by Google Places.
El Tepeyac Cafe
812 North Evergreen Avenue, Los Angeles
Panda Express
1969 Zonal Avenue, Los Angeles
Sbarro Cal State University
5151 State University Drive, Los Angeles
Luminarias Restaurant & Special Events
3500 West Ramona Boulevard, Monterey Park
Subway
2000 Marengo Street Unit-B & C, Los Angeles
Tamales Lilianas
4629 East Cesar E Chavez Avenue, Los Angeles
Cities Restaurant
4512 East Cesar E Chavez Avenue, Los Angeles
Guisados
2100 East Cesar E Chavez Avenue, Los Angeles
8 places within 3 km · Google Places
Listed by FUNGYUAN WU — LPT Realty, Inc (MLS# WS78921)
MLS# WS25196240
Listing data provided by CRMLS (California Regional Multiple Listing Service). Based on information from CRMLS as of 2/22/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Rose District Real Estate — DRE# 02356332
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Estimated Monthly Payment
$11,089.81
per month
Loan Amount
$1,440,000
Down Payment
$360,000
Total Interest
$1,922,333
Total Cost
$3,992,333
Rose District
Real Estate Team
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$1.80M
1024 Gage Avenue, LOS ANGELES, CA 90063