952 N. GAGE AVE | CITY TERRACE | List price: $119,000
Property Details
952 N. Gage Ave, City Terrace, Los Angeles CA 90063
APN: 5230-006-009
Lot Area: 4,006 sqft (assessor)
Zoning: R-2
List price: $119,000
New Development Opportunity!
Prime Opportunity to Build Your Dream Home or Spec Project in City Terrace, Los Angeles. A fantastic opportunity awaits for both individuals looking to build their dream home and developers seeking a high-potential spec project in the rapidly growing City Terrace neighborhood of Los Angeles. This property offers stunning peek-a-boo views of Downtown, the city, and the iconic skyline, all nestled within the heart of the soaring East Los Angeles market. City Terrace is quickly emerging as one of the most desirable residential areas in Los Angeles, with its irreplaceable Downtown views and dramatic hillside landscapes. The neighborhood's transformation is well underway, attracting young professionals and families alike. With all necessary utilities - water, sewer, and electricity - already available on the street in front of the property, this is a turnkey location for a smooth, hassle-free build. Located with easy access to freeways and numerous employment hubs in Downtown Los Angeles, this site is also in close proximity to California State University-Los Angeles and USC Keck Medical Center. The area's ongoing gentrification ensures strong investment potential and rapid appreciation. This is a rare opportunity to secure a property in a dynamic, up-and-coming neighborhood!