Date
Details
Price
Change
Source
3/16/2026
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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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.
Full Property Details
Full Property Details for 205 W Gage Ave
General
- Price: $495,000
- Status: Active
- Type: Single Family
- Source: CLAW
- MLS ID: 26666359
- Updated: 4/7/2026
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: Dining Area
- Furnishings: Unfurnished
- Flooring: Mixed
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
- Other Features: None
Parking
- Garage Description: Driveway
Location
- Area: Downtown L.A.
- County: Los Angeles
- Driving Directions: 110 Freeway, East on Gage
- Direction Faces: South
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Structural Information
- Architectural Style: Craftsman
- Structure Type: Single Family Residence
- Common Walls: Detached/No Common Walls
- Stories/Levels: 0
- Square Feet: 988
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1910
- Year Built Source: Vendor Enhanced
- Property Condition: Fixer
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1084
- Lot Size: 4723
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 40 x 118
- Zoning: LAR2
Financial Considerations
- Price Per Sq. Ft.: $501.01
- Assessment Year: 1910
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 6005-021-030
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Meet the listing agent
Meet the listing agent
— 205 W Gage Ave —
CalRE#: 02194486
(310) 403-3558 mobile
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 205 W Gage Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Sixty-First Street Elementary School 6020 South Figueroa Street, Los Angeles, CA 90003 | K-6 | 0.3 mi |
Mary Mcleod Bethune Middle School 155 West 69th Street, Los Angeles, CA 90003 | 7-8 | 0.3 mi |
John C. Fremont Senior High School 7676 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 1 mi |
Public Service Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.2 mi |
Communication And Technology At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.2 mi |
Green Design At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.2 mi |
Performing Arts Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.2 mi |
Academy For Multiligual Arts And Science At Mervyn M. Dymally High 8800 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 205 W Gage Ave
Tax History
Tax History for 205 W Gage Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,910
2%
$222,209
2%
2024
$2,850
2%
$217,853
2%
2023
$2,799
514%
$213,583
713%
2022
$456
3%
$26,269
2%
2021
$444
—
$25,755
1%
2020
$443
2%
$25,492
2%
2019
$433
14%
$24,993
2%
2018
$381
3%
$24,504
2%
2017
$371
6%
$24,024
2%
2016
$351
1%
$23,554
2%
2015
$346
-3%
$23,202
2%
2014
$356
—
$22,748
—
2013
$355
—
$22,646
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 205 W Gage Ave
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205 W Gage Ave, Los Angeles, CA 90003 (MLS# 26666359) is a Single Family property with 2 bedrooms and 1 full bathroom. 205 W Gage Ave is currently listed for $495,000 and was received on April 06, 2026. This property is listed by Michael Tipton from our Brentwood Office.Want to learn more about 205 W Gage Ave? Do you have questions about finding other Single Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.