205 W Gage Avenue, Los Angeles, CA 90003

Los Angeles
Local realty services provided by:ERA Donahoe Realty
205 W Gage Avenue,Los Angeles, CA 90003
$495,000
  • 2 Beds
  • 1 Baths
  • 988 sq. ft.
  • Single family
  • Active
Listed by: michael tipton
Office: coldwell banker realty
MLS#:26666359
Source:CRMLS

Price summary

  • Price:$495,000
  • Price per sq. ft.:$501.01

About this home

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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Home facts

  • Year built:1910
  • Listing ID #:26666359
  • Added:1 day(s) ago
  • Updated:April 07, 2026 at 04:36 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:988 sq. ft.

Structure and exterior

  • Year built:1910
  • Building area:988 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Craftsman
  • Levels:1 Story

Finances and disclosures

  • Price:$495,000
  • Price per sq. ft.:$501.01

Features and amenities

  • Laundry features:Inside

Parking

  • Parking description:Driveway
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