205 W Gage Avenue, Los Angeles, CA 90003
Single-family home
Sold April 2026
Listing Agent: Michael Tipton (DRE #02194486) · Listing Office: Coldwell Banker Realty · Contact: 310-820-6651 · Bought with: Michael Tipton · Coldwell Banker Realty · MLS #26666359 · Source: CRMLS
About this single-family 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.
Listing description from the April 2026 sale, as reported to CRMLS.
Sale history