For Sale
232 E GageLos Angeles, California, 90003
$1,695,000
- 13
- Bedrooms
- 12
- Bathrooms
- 0.113
- Acres
About This Home
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.
Features & Details
Interior
- Bedrooms
- 13
- Bathrooms
- 12
- Levels
- 3 Story
- Cooling
- Central Forced Air
Exterior & Lot
- Lot Size
- 0.113 acres
- Pool
- N/K
- Stories
- 3
Community
- County
- Los Angeles
Utilities & Terms
- Terms
- Cash, Conventional, Exchange
Listing courtesy by Joshua Vivanco of Real of Greater Los Angeles, Inc, (562) 299-7934
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