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205 W Gage Ave

Los Angeles, CA 90003
  • $495,000
  • STATUS: Pending
  • ON SITE: 13 Days
  • MLS #: 26666359
Pending
$495,000
  • 2
    BEDS
  • 0.11
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 988
    SQFT
  • $501
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1910
County:

School Ratings & Info

Description

Exceptional development and value add opportunity in a rapidly transforming Los Angeles corridor. This 2 bedroom, 1 bath Craftsman totals 988 SF on a 4,723 SF lot and is zoned LAR2, offering strong potential for multiunit redevelopment, ADU additions, or income producing expansion, with a long driveway for parking (buyer to verify). Built in 1910, the existing structure is well suited for a full reposition or complete redevelopment. Strategically located near the 110 Freeway with immediate access to Downtown Los Angeles, the Coliseum, and Crypto.com Arena. With major global events such as the upcoming World Cup and Olympics driving longterm demand, this property presents compelling upside for rental, short term lodging, or hold strategies. Prime opportunity for developers and investors seeking density, flexibility, and future growth.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2026-04-19T23:42:30.507. 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. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/174892841
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205 W Gage Ave Los Angeles, CA 90003

  • Price: $495,000
  • Status: Pending
  • On Site: 13 Days
  • MLS #: 26666359
2
Beds
1
Baths
0
½ Baths
0.11
Acres
988
SQFT
$501
$/SQFT
1910
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
Exceptional development and value add opportunity in a rapidly transforming Los Angeles corridor. This 2 bedroom, 1 bath Craftsman totals 988 SF on a 4,723 SF lot and is zoned LAR2, offering strong potential for multiunit redevelopment, ADU additions, or income producing expansion, with a long driveway for parking (buyer to verify). Built in 1910, the existing structure is well suited for a full reposition or complete redevelopment. Strategically located near the 110 Freeway with immediate access to Downtown Los Angeles, the Coliseum, and Crypto.com Arena. With major global events such as the upcoming World Cup and Olympics driving longterm demand, this property presents compelling upside for rental, short term lodging, or hold strategies. Prime opportunity for developers and investors seeking density, flexibility, and future growth.
Exterior Features

Building Type Detached Direction Faces South Levels One Lot Size Area 4723 Other Structures None Parking Garage Driveway Pool Description None Pool YN No Spa None Spa YN No Style Craftsman Total Parking 0 View Description None View YN No

Interior Features

Common Walls Detached/No Common Walls Cooling None Den No Dining Room No Equipment None Family Room No Fireplace Rooms None Flooring Mixed Furnished Unfurnished Heating None Laundry Inside One Quarter Baths 0 Rooms Dining Area

Property Features

Disclosures As Is Hoa Yn No Land Lease Type Fee Property Condition Fixer Property Sub Type Single Family Residence Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Year Built Source Vendor Enhanced Zoning LAR2

Listing provided courtesy of Michael Tipton DRE# of Coldwell Banker Realty: 310-820-6651.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2026-04-19T23:42:30.507. 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. Properties may or may not be listed by the office/agent presenting the information.
 
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