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    1024 N Gage Ave Los Angeles, CA 90063

    Picture of Land at N Gage Ave 1024, Los Angeles, CA
    For Sale
    $2,000,000

    Land/Lot - Los Angeles, CA

    Lot size:
    17,372.00 Acres
    Days on Market:
    102
    Last Refresh:
    Dec 12 at 6:06 am

    Property Features for 1024 N Gage Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    LCR2*
    APN
    5230005016
    Exterior features
    Community Features Included: Curbs
    Lot size
    17,372.00 Acres

    Building Details

    Architectural style
    Other

    Carsten Phillips, Inc (626) 789-0159 [email protected]

    Listing agent FUNGYUAN WU (626) 789-0159 License #01044806

    Listing date Sep 2, 2025

    MLS# WS25197036 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    City Terrace Hills Development Opportunity

    Three adjoining parcels of land, totaling 17,372 square feet, are available in the City Terrace Hills neighborhood of Los Angeles. Zoned R2, the parcels offer potential for developers, investors, or those looking to create multi-family housing or other income-producing properties. The location is near City Terrace Park, providing access to green space and recreation. The property is conveniently located close to USC Keck Medical Center, Cal State LA, Northeast LA, and Downtown LA, providing access to employment hubs, universities, and cultural destinations. This land offers development potential in an up-and-coming area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.29243
    Latitude
    33.98215

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    FAQs

    What type of property is this?
    Land - Three adjoining parcels in prime Los Angeles location with development potential.
    Where is this land located?
    The property is located at 1024 N Gage Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Three adjoining parcels totaling 17,372 sqft in City Terrace Hills.; - Zoned R2, offering potential for multi-family housing or income-producing properties.; - Prime location near City Terrace Park.
    (626) 789-0159
    Request Owner's contact information
    1024 N Gage Ave Los Angeles, CA 90063
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    Los Angeles, CA 90063
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1024 N Gage Ave Los Angeles, CA 90063
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