Property Detail

205 Gage

Los Angeles CA 90003

$495,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Michael Tipton of Coldwell Banker Realty. Last updated 2026-04-07 08:16:59.000000. Listing information © 2026 CRMLS.

john Doe

Pacific Rim Property Management & Maintenance Solutions

CA DRE# 01426440
CSLB# 958218
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