1737 E Gage

Los Angeles, CA 90001

Great Opportunity with Strong Upside Potential Fantastic opportunity for a family or investor looking for a property with lots of potential. This two-story home offers approximately 1,932 sq ft on a 4,492 sq ft lot. Per public records, the property features 3 bedrooms and 1 bathroom. There is an additional bathroom and kitchen added without permits, and the property is currently being used as two units with tenants in place. Tenants plan to remain after the sale. Property will be sold with tenants and in its present as-is condition, with no repairs or improvements by the seller. Buyers and buyers’ agents are encouraged to do their own due diligence regarding square footage, permits, zoning, and the possibility of converting the property back to its original configuration or pursuing other options. Located at 1737 E. Gage Ave, the property falls within the Florence-Firestone Transit-Oriented District (TOD) and was recently rezoned under the new TOD Specific Plan. The property is zoned RLM-2, allowing for up to 4 dwelling units, subject to county approval. Solid opportunity for buyers looking to add value in a growing area, Seller has ADU blue prints not approved and can be available upon buyers request.

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