1737 E Gage Ave, Los Angeles, CA 90001

Fantastic opportunity for a family looking to invest in a house with loads of potential! This two-story home boasts a spacious 1,932 square feet and sits on a 4,490 square feet lot, making it the perfect property for enjoying quality time with your loved ones. It features three bedrooms and one bathroom, but here's the exciting part: there's actually an extra bathroom and kitchen that were added without permits. Right now, the property is divided into two units with two tenants already in place, who plan to stay even after the sale, property to be sold with tenants, However, it's important for buyers and their agents to do their homework regarding converting the property back to its original condition, verifying the square footage, and obtaining any necessary building permits from the city. Property for sale in its existing condition without any upgrades or improvements. 1737 E. Gage Ave. is located within the Florence-Firestone TOD and was recently rezoned as part of the Florence-Firestone TOD Specific Plan that became effective earlier this year. The property is zoned RLM-2 and the density allows for 4 dwelling units. (Florence-Firestone Transit-Oriented District Specific Plan Zones and Development Standards: Table 22.418.060-B: Residential Zone Development Standards https://file.lacounty.gov/SDSInter/bos/supdocs/177707.pdf)