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$1,695,000

FOR SALE
Active

232 E Gage

Los Angeles, CA

MLS# DW26238720

Triplex
1 day on marketNalren refreshed

Listing Agent

Joshua Vivanco

Listing Agent

Real of Greater Los Angeles, Inc

DRE #: 02199160

(562) 299-7934

Brokerage: Real of Greater Los Angeles, Inc

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

2023

Year Built

4,936 sqft

Lot Size

N/A

Price/Sq Ft

2

Garage Spaces

N/A

HOA

Triplex

Property Type

Description

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.

Facts & Features

Interior

Fireplace
No
Laundry Features
Gas Dryer Hookup, Laundry Closet, Washer Hookup
Appliances
Dryer, Energy Star Qualified Appliances, Energy Star Qualified Water Heater, Gas Water Heater, Microwave, Refrigerator, Six Burner Stove, Tankless Water Heater, Vented Exhaust Fan, Washer, Water Heater, Water To Refrigerator
Flooring
Tile, Vinyl
Interior Features
Instant Hot Water, Open Floorplan, Quartz Counters, Recessed Lighting

Exterior

Private Pool
No
Fencing
Block, Wrought Iron
Lot Features
2–5 Acre Lot

Building

Year Built
2023
Architectural Style
Contemporary
Building Area Total
5,218
Levels
Three Or More
Property Condition
Turnkey
Stories Total
3

Utilities

Heating
Central
Cooling
Central Air
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
2
Parking Features
Electric Gate
Parking Total
4

Community / HOA

HOA
No
Association Fee
$0

Accessibility / Green

Green Energy Efficient
Appliances, Water Heater
Accessibility Features
Parking

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