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205 W Gage Avenue

Los Angeles (City), CA 90003
  • $495,000
  • STATUS: Pending
  • ON SITE: 10 Days
  • ID#: 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

Listing Agent(s): Michael Tipton of Coldwell Banker Realty (310-820-6651)


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 California Regional Multiple Listing Service, Inc. as of 2026-04-17T00:30:38.7. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Open Door Real Estate. Licensed in the State of California, USA.
www.kerncountyhome.com/homes/174893512
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205 W Gage Avenue Los Angeles (City), CA 90003

  • Price: $495,000
  • Status: Pending
  • On Site: 10 Days
  • ID#: 26666359
2
Beds
1
Baths
0
½ Baths
0.11
Acres
988
SQFT
$501
$/SQFT
1910
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - 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

Architectural Style Craftsman Direction Faces South Parking Features Driveway Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Furnished Unfurnished Heating None Heating YN No

Property Features

Association YN No Land Lease YN No Laundry Features Inside Levels One Listing Agreement Seller Reserved Listing Service Full Service New Construction YN No Property Condition Fixer Property Sub Type Single Family Residence Senior Community YN No Special Listing Conditions Standard Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-04-17T00:30:38.7. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Open Door Real Estate. Licensed in the State of California, USA.
 
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Open Door Real Estate
4550 California Ave #660
Bakersfield CA, 93309
Listing Agent(s): Michael Tipton of Coldwell Banker Realty (310-820-6651)