232 E Gage Los Angeles, CA $ 1,795,000
232 E Gage
$ 1,795,000
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232 E Gage

Los Angeles, CA, 90003
$ 1,795,000
Baths4.1 Sq 5,218

Monthly Estimate*

$ 11,334

Listed by Keller Williams SELA
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,795,000 with 4 full baths, 1 half bath. This 5,218 square foot home was built in 2023 on a lot size of 0.1133.

Proud to present this exceptional 2023-built new construction residential income opportunity featuring a luxurious and contemporary triplex consisting of a front three-story duplex and a detached two-story ADU. Designed with both investors and owner-users in mind, this turnkey property offers premium construction, spacious townhome-style floor plans, and individually metered utilities, creating an outstanding long-term investment in one of Los Angeles' most central locations. The front building features two expansive 5-bedroom, 4.5-bath residences, each spanning three levels with one of the area's most desirable and functional floor plans. The detached rear ADU offers 3 bedrooms and 2 bathrooms across two stories, providing additional income potential or the perfect owner-occupancy opportunity. Each residence has been thoughtfully appointed with high-end finishes, including quartz countertops throughout the kitchens and bathrooms, custom shaker cabinetry, custom closet systems, designer two-tone interior paint, custom window shades, Samsung stainless steel appliances, and dedicated laundry rooms complete with Samsung washers and dryers. Additional upgrades include central HVAC systems, tankless water heaters, energy-efficient low-voltage LED recessed lighting, and Green Certified construction for enhanced sustainability and lower operating costs. The exterior is equally impressive, featuring drought-tolerant landscaping, decorative wood fencing, block walls, decorative paver hardscape, an automatic security gate, and a fully enclosed, secured property. Additional amenities include an automatic fire sprinkler system throughout all units, a two-car attached garage, and generous on-site parking. Designed for maximum investment efficiency, the property includes 3 electric meters, 3 gas meters, 2 water meters, and 1 sub-water meter, allowing for simplified utility management and reduced operating expenses. Conveniently located with immediate access to the 110 Freeway, this property is just minutes from USC, BMO Stadium, the LA Memorial Coliseum, SoFi Stadium, Crypto.com Arena, Exposition Park, Downtown Los Angeles, and an abundance of shopping, dining, and entertainment. Whether you're looking to expand your portfolio with a trophy asset, generate strong cash flow, or live in one unit while collecting substantial rental income, this property offers an exceptional blend of luxury, functionality, and investment potential.

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Multi-Family Active

Price

$ 1,795,000

Bedrooms

Studio

Full Bath

4

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1133

Year Built

2023

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW26157623

Days on Market

6

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected
Appliances 6 Burner Stove ENERGY STAR Qualified Appliances ENERGY STAR Qualified Water Heater Disposal High Efficiency Water Heater Microwave Refrigerator Tankless Water Heater Vented Exhaust Fan Water Heater Dryer Washer
Garage Spaces 2
Pool Features None
Security Features Carbon Monoxide Detector(s) Fire Sprinkler System Security Gate Smoke Detector(s) Security Lights
Exclusions Tenants belongings
Year Built 2023
Tenant Pays All Utilities
View City Lights Neighborhood
Property Subtype Triplex
Gross Income 59122
Community Features Biking Curbs Street Lights Sidewalks
County Los Angeles
Net Operating Income 59122
Operating Expense 36878
Insurance Expense 4000
New Construction false
Property Type Residential Income
Energy Efficient Appliances Water Heater
MaintenanceExpense 2800
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions S San Pedro St & E Gage Ave
City Los Angeles
Entry Location Front Doors
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 3
MLS Area C37 - Metropolitan South
Lot Size Units Square Feet
Lot Size Square Feet 4936
Number of Units Leased 2
Listing Terms Cash Conventional 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Property Condition Turnkey
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 354
Total Actual Rent 8000
Property Sub Type Additional Triplex
Expected Active Date 2026-07-19
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Interior
Interior Amenities Instant Hot Water
Flooring Tile Vinyl
Fireplace Features None
Total Stories 3
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Washer Hookup Gas Dryer Hookup Laundry Closet
Entry Level 1
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Exterior
Exterior Amenities Rain Gutters
Fencing Block Wrought Iron
Parking Features Electric Gate
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 4
Inclusions Appliances
Lot Size Area 4936
Number of Buildings 2
Spa false
Building Area Total 5218
Lot Size Acres 0.1133
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Keller Williams Sela

Broker

Joshvivanco51@gmail.com

Email

Affordability Calculator

$11,334
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Monthly Principal & Interest
$11,334
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/20/2026$1,795,000 Listed Price

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232 E Gage, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $1,795,000 with 5,218 sqft and a lot size of 0.1133. 232 E Gage is a studio with 4.1 baths and was built in 2023. The property's zip code is 90003 which is in Los Angeles, CA