15
See all 15 photos
$1,695,000
Est. payment /mo
13 Beds
12 Baths
4,936 Sqft Lot
New
232 E Gage Los Angeles, CA 90003
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26238720
Bedrooms 13
Lot Size 4,936 Sqft
Property Sub-Type Res Income 2-4 Units
Property 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.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction S San Pedro St & E Gage Ave
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 6006013008
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Joshua Vivanco, DRE#02199160 Real of Greater Los Angeles, Inc
Nearby Locations
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