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5,218 sqft

$1,695,000

232 E Gage, Los Angeles CA, 90003

Price per sqft$324.84
Built in2023
Property size5,218 sqft
Property typeMulti-family
Listed by Joshua Vivanco CA DRE# 02199160 with Real of Greater Los Angeles, Inc 562-299-7934

Overview

Active

Listed Nov 5, 2026

Updated 11h ago

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.

$11,277/mo

Est. mortgage payment based on a $1,695,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
DW26238720

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Garage
Yes
View
Yes
55+/Senior Community
No
MLS provider logo

Listed by Joshua Vivanco CA DRE# 02199160 with Real of Greater Los Angeles, Inc 562-299-7934

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/6/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/6/2026 at 7:08 AM UTC Last Checked: 7:08 AM UTC

 

 

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