205 W Gage Ave, Los Angeles, CA 90003 - Photo 1

1/1

$450,000

Sold
Closed
Single Family
2 Beds
1 Full Bath
988 Sq. Ft.

1/1

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

Sold For: $450,000
Status: Closed
Type: Single Family
Source: CLAW
MLS ID: 26666359
Added to Site: 51 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

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Meet the listing and selling agent

— 205 W Gage Ave —

Michael Tipton

CalRE#: 02194486

Email Me

(310) 403-3558 mobile

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NMLS#: 1598647

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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

Date

Details

Price

Change

Source

4/22/2026

Sold

$450,000

-9.09%

MLS

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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205 W Gage Ave, Los Angeles, CA 90003 (MLS# 26666359) is a Single Family property that was sold at $450,000 on April 22, 2026. This property was 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.

205 W Gage Ave Los Angeles, CA 90003