






$1,695,000
13 bd · 12 ba · · 4,935 sqft lot
232 E Gage Ave, Los Angeles, CA 90003
Multi-family · Built 2023 ·
$10,381/mo est. payment
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.
Sixty-Sixth Street Elementary School
elementary · K-6 · 0.2 mi
Mary Mcleod Bethune Middle School
middle · 6-8 · 0.4 mi
Academy For Multiligual Arts And Science At Mervyn M. Dymally High
high · 9-12 · 1.7 mi
St. Columbkille Elementary School
elementary · 0.3 mi
Aspire Inskeep Academy Charter
elementary · K-6 · 0.4 mi
Aspire Slauson Academy Charter
elementary · K-6 · 0.4 mi
Listed by Joshua Vivanco · Real of Greater Los Angeles, Inc. · CRMLS





















