1028 S Gage Avenue, Los Angeles, California 90023, Los Angeles, 90023 - 3 bed, 1 bath
1028 S Gage Avenue
Los Angeles, California 90023
Property Price
SUMMARY
Analysis of 1028 S Gage Avenue, Los Angeles, California 90023 is currently available with a list price of $399,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1913, this property is explicitly marketed for land value and as a 'fixer' with development potential for up to five units. The listing description and images indicate the structure is in a state of significant neglect, likely unlivable, and the primary value lies in the R3-zoned lot rather than the existing improvements.
PROSSTRENGTHS & OPPORTUNITIES
CONSRISKS & DEFICIENCIES
About 1028 S Gage Avenue
Calling all investors - this fixer is being sold for land value. Centrally located in East Los Angeles and offering convenient access to the 5 and 710 freeways, East Los Angeles Hospital, and the shopping and dining options along Whittier Boulevard. The property currently features a 3-bedroom, 1-bath home, with the potential to reimagine the site as a multi-residence development. Zoned R3, the lot allows for up to five units (Buyer to verify), presenting an excellent opportunity for future income and long-term growth. With its desirable location, development potential, and proximity to everything Los Angeles has to offer, 1028 S. Gage Avenue provides a compelling opportunity to bring your investment vision to life.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1913
- Lot Size
- 6,302 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 888 | 1,040 | 19% |
| Lot Size | 6,302 | 5,006 | 86% |
| Price | $399.0K | $624.0K | 19% |
| Price per sq ft | $449 | $540 | 29% |
| Built year | 1913 | 1922 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 200 | 5% |
Pricing History
Listed for Sale
Feb 6, 2026
$399,000
Initial Listing