232 E Gage Los Angeles, CA $ 1,695,000
232 E Gage
$ 1,695,000
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232 E Gage

Los Angeles, CA, 90003
$ 1,695,000
Bedrooms-- Baths4.1 Sq 5,218

Monthly Estimate*

$ 11,707

Listed by Joshua Vivanco, Real of Greater Los Angeles, Inc, Joshvivanco51@gmail.com
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Multi-Family Home for sale in Los Angeles, CA

for $1,695,000 with 4 full baths, 1 half bath. This 5,218 square foot home was built in 2023 on a lot size of 0.1133.

2023 new-construction triplex in South Los Angeles, offered at $1,695,000 and 100% leased. The property consists of a front three-story duplex and a detached two-story ADU totaling 5,218 SF on a gated R2 lot. Units A and B are each 5 bed / 4.5 bath with an en-suite bath for every bedroom, private balconies and in-unit laundry. The rear ADU is a 3 bed / 2 bath with an attached 2-car garage. Green Certified construction with central HVAC, tankless water heaters, fire sprinklers, quartz counters and stainless appliances. Separately metered; tenants pay all utilities. Block walls, electric vehicle gate and 4 parking spaces. Strong in-place income with significant upside to market rents. Not subject to LA rent control (RSO), and exempt from the AB 1482 rent cap until approximately 2038. Attached garage is a candidate for a fourth unit under California ADU law (buyer to verify). Minutes from the 110 Freeway, USC, Exposition Park and Downtown LA. Ideal for a 1031 exchange, cash investor or owner-user.

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Multi-Family Active

Price

$ 1,695,000

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

DW26238720

Days on Market

2

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Appliances 6 Burner Stove ENERGY STAR Qualified Appliances ENERGY STAR Qualified Water Heater Gas Water Heater Microwave Refrigerator Tankless Water Heater Vented Exhaust Fan Water To Refrigerator Water Heater Dryer Washer
HOA Fee 0
Garage Spaces 2
Architectural Style Contemporary
Pool Features None
Security Features Carbon Monoxide Detector(s) Fire Sprinkler System Security Gate Smoke Detector(s)
Exclusions Tenants belongings
Year Built 2023
Tenant Pays All Utilities
View City Lights Neighborhood
Levels Three Or More
Property Subtype Triplex
Gross Income 144000
Community Features Biking Street Lights Sidewalks
Accessibility Parking
County Los Angeles
Net Operating Income 105316
Operating Expense 34364
Insurance Expense 4000
New Construction false
Property Type Residential Income
HOA false
Energy Efficient Appliances Water Heater
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 3
Listing Terms Cash Conventional 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Property Condition Turnkey
Trash Expense 0
Walk Score 70
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 12000
Property Sub Type Additional Triplex
Expected Active Date 2026-11-05
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Interior
Interior Amenities Open Floorplan Quartz Counters Recessed Lighting 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
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
Joshua Vivanco

Listing Agent

Real Of Greater Los Angeles, Inc

Broker

Joshvivanco51@gmail.com

Email

Affordability Calculator

$11,707
Per Month
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Monthly Principal & Interest
$11,707
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Default based on a 30-year fixed rate of 7.375% 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
11/6/2026$1,695,000 Listed Price

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232 E Gage, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $1,695,000 with 5,218 sqft and a lot size of 0.1133. 232 E Gage has 4.1 baths and was built in 2023. The property's zip code is 90003 which is in Los Angeles, CA