John E Burge

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1024 N Gage AvenueLos Angeles, CA 90063

Single Family · 4 Beds · 1 Full Bath · 1,412 Sq. ft. | 0.40 Acres
$1,650,000 Active

1024 N Gage Avenue Overview

Time on Site:
54 days
Visits:
0

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.

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1024 N Gage Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 1,412
  • Price/Sq.ft. $1,169
  • Lot 0.40 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

School Information

  • School District: Los Angeles Unified

Building Information

  • New Construction: No
  • Year Built: 1924

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: 677 - Lincoln Hts
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Street Lights,Suburban

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Cash,Cash to New Loan
  • Parcel Number: 5230005016
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Total: 1
  • Bedrooms Total: 4

General Information

  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: See Remarks
  • Fireplace: Yes
  • Laundry Features: See Remarks
  • Levels: One
  • Living Area: 1412.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 4
  • Stories: 1
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking Spaces: 4.0
  • Parking Features: See Remarks
  • Parking Total: 4.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Back Yard,Front Yard
  • Lot Size Acres: 0.3988
  • Lot Size Area: 17372.0
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 17372.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Property Attached: No
    • Structure Type: House

    General Information

    • Number Of Units Total: 1
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer

    1024 N Gage Avenue Neighborhood

    Community

    90063 (Los Angeles) Demographics

    32
    Median Age
    16,454
    Population Density (per sq. mile)
    17%
    College Educated
    $50,913
    Estimated Median Income
    5,432
    Estimated Total Home Owners
    8,441
    Estimated Total Renters
    39% / 61%
    Estimated Owner / Renter Divide
    4
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    1024 N Gage Avenue Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    1024 N Gage Avenue Market Data

    Based on the last 30 days in this zip code

    $777,957
    Average List Price
    $513
    Average Price per Square Foot
    3
    Properties Sold
    95
    Average Days on Market
    126
    Properties for Sale
    Calculations provided by Reliance Network

    1024 N Gage Avenue History

    Date Event Value Agent
    6/22/2026Source: CRMLS Price Reduction
    $1,650,000 -8.3%
    5/6/2026Source: CRMLS Added to Database
    May 06, 2026
    Listing provided courtesy of Redfin CorporationAbigail Esquibel- MLS# BB26096301MLS ProviderContact Information: [email protected] - 877-973-3346
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