$1.80M
1024 Gage Avenue, LOS ANGELES, CA 90063
Single Family Residence
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.
Property Details
Bedrooms
4
Bathrooms
1
Living Area
1,412 sqft
Lot Size
17,372 sqft
Year Built
1924
Stories
1
View
Yes
Price History
Listed
May 6, 2026
$1.80M
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
Sbarro
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
Shakey's Pizza Parlor
2023 East Cesar E Chavez Avenue, Los Angeles
8 places within 3 km · Google Places
Listed by Abigail Esquibel — Redfin Corporation (MLS# BB42788)
MLS# BB26096301
Listing data provided by CRMLS (California Regional Multiple Listing Service). Based on information from CRMLS as of 5/21/2026. 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 — DRE# 02356332
Mortgage Calculator
Estimate your monthly payment
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
Helpful Resources
Similar Listings
$1.80M
1024 Gage Avenue, LOS ANGELES, CA 90063