Single-Family for sale in Southern California — $1,650,000. 4 beds · 1 bath · 1,412 sqft. 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 potenti…
$1,650,000
1024 N Gage Avenue, Los Angeles, CA 90063
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.
Listing updated: June 22, 2026 at 1:38 PM
Listed by: Abigail Esquibel, Redfin Corporation
Source: CRMLS, MLS#: BB26096301, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
6/22/2026 Source: CRMLS, #BB26096301 | Price change | $1,650,000$1169/sqft-8.3% |
| 5/06/2026Source: CRMLS, #BB26096301 | Listed for sale | $1,800,000$1275/sqft |
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