ActiveLand · sale

1000 N GAGE Avenue

Los Angeles, CA 90063

$119,000

  • 0.26 acres

Listed by Brokers Trust Real Estate Group · MLS #26864319

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1000 N GAGE Avenue, Los Angeles, CA 90063 · MLS #26864319

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A FEW THINGS TO NOTICE

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Property size

0.26 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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Exceptional hillside land opportunity in the highly desirable City Terrace neighborhood, one of East Los Angeles' rapidly growing residential communities. Set on an expansive 11,190 sq. ft. lot, this prime parcel offers outstanding potential to build a custom single-family home with the opportunity to add an ADU and a Junior ADU, creating the possibility for three total units (buyer to verify with the appropriate agencies). This flexible development potential makes the property ideal for rental income, multigenerational living, or expanded living space. Utilities and sewer connections are available at the street, helping streamline the development process and reduce upfront infrastructure costs. Situated on a paved street, the property is conveniently located just minutes from California State University, Los Angeles, USC Keck Medical Center, Downtown Los Angeles, and major freeways including the 10 and 710, offering convenient access to employment centers, education, healthcare, and entertainment. City Terrace continues to emerge as one of Los Angeles' most sought-after residential enclaves, driven by ongoing revitalization, strong buyer demand, and an influx of young professionals. Its central location and proximity to major institutions make it an attractive option for homeowners, investors, and developers alike. The nearby university also presents potential opportunities for student housing or investment income. Whether you're a developer, investor, or owner-builder, this is a rare opportunity to secure a prime piece of land in one of East Los Angeles' most promising growth markets and bring your vision to life.

THE NEIGHBORHOOD

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1000 N GAGE Avenue, Los Angeles, CA 90063

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THE DETAILS

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Property type
Land
Category
Land
Full baths
0
Half baths
0
Utilities
OverheadUtilities
Zoning
R1
Parcel
5230006016

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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Listing information

MLS #26864319 · California Regional MLS

Listing brokerage: Brokers Trust Real Estate Group
Listing agent: Fernando Lara

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.