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$1,700,000
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Property Description
Proud to present this exceptional 2023-built new construction residential income opportunity featuring a luxurious and contemporary triplex consisting of a front three-story duplex and a detached two-story ADU. Designed with both investors and owner-users in mind, this turnkey property offers premium construction, spacious townhome-style floor plans, and individually metered utilities, creating an outstanding long-term investment in one of Los Angeles' most central locations.
The front building features two expansive 5-bedroom, 4.5-bath residences, each spanning three levels with one of the area's most desirable and functional floor plans. The detached rear ADU offers 3 bedrooms and 2 bathrooms across two stories, providing additional income potential or the perfect owner-occupancy opportunity.
Each residence has been thoughtfully appointed with high-end finishes, including quartz countertops throughout the kitchens and bathrooms, custom shaker cabinetry, custom closet systems, designer two-tone interior paint, custom window shades, Samsung stainless steel appliances, and dedicated laundry rooms complete with Samsung washers and dryers. Additional upgrades include central HVAC systems, tankless water heaters, energy-efficient low-voltage LED recessed lighting, and Green Certified construction for enhanced sustainability and lower operating costs.
The exterior is equally impressive, featuring drought-tolerant landscaping, decorative wood fencing, block walls, decorative paver hardscape, an automatic security gate, and a fully enclosed, secured property. Additional amenities include an automatic fire sprinkler system throughout all units, a two-car attached garage, and generous on-site parking.
Designed for maximum investment efficiency, the property includes 3 electric meters, 3 gas meters, 2 water meters, and 1 sub-water meter, allowing for simplified utility management and reduced operating expenses.
Conveniently located with immediate access to the 110 Freeway, this property is just minutes from USC, BMO Stadium, the LA Memorial Coliseum, SoFi Stadium, Crypto.com Arena, Exposition Park, Downtown Los Angeles, and an abundance of shopping, dining, and entertainment. Whether you're looking to expand your portfolio with a trophy asset, generate strong cash flow, or live in one unit while collecting substantial rental income, this property offers an exceptional blend of luxury, functionality, and investment potential.
Full Property Details
Full Property Details for 232 E Gage
General
- Price: $1,700,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: DW26157623
- Updated: 8/20/2026
- Days on Market: 59 days
- Added to Site: 60 day(s) ago
Interior
- Fireplace(s): None
- Appliances: 6 Burner Stove, ENERGY STAR Qualified Appliances, Disposal, Microwave, Refrigerator, Instant Hot Water, Tankless Water Heater, Vented Exhaust Fan, ENERGY STAR Qualified Water Heater, High Efficiency Water Heater
- Flooring: Tile, Vinyl
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, In Closet, Washer Hookup, Washer Included, Dryer Included
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Exterior Features: Rain Gutters
Parking
- Garage Spaces: 2
- Parking Features: Automatic Driveway Gate
- Parking: Automatic Driveway Gate
Location
- Area: C37 - Metropolitan South
- County: Los Angeles
- Development Name: C37 - Metropolitan South
- Driving Directions: S San Pedro St & E Gage Ave
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 2
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Entry Location: Front Doors
- Square Feet: 5,218
- Year Built: 2023
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 5
- Bedrooms: 5
Unit 2
- Number of Units: 1
- Total Bathrooms: 5
- Bedrooms: 5
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Property View: City Lights, Neighborhood
- Lot Size (Acres): 0.1133
- Lot Size (Sq. Ft.): 4,936
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $325.8
- Price Per Unit: 566667
Disclosures and Reports
- Exclusions: Tenants belongings
- Inclusions: Appliances
Listed by Keller Williams SELA, Joshua Vivanco
Get Pre-Approved Today
Schools
Schools serving 232 E Gage
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Sixty-Sixth Street Elementary School 6600 San Pedro Street, Los Angeles, CA 90003 | K-6 | 0.2 mi |
Mary Mcleod Bethune Middle School 155 West 69th Street, Los Angeles, CA 90003 | 7-8 | 0.4 mi |
John C. Fremont Senior High School 7676 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 0.9 mi |
Public Service Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 0.9 mi |
Communication And Technology At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 0.9 mi |
Green Design At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 0.9 mi |
Performing Arts Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 0.9 mi |
Academy For Multiligual Arts And Science At Mervyn M. Dymally High 8800 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 232 E Gage
Date
Details
Price
Change
Source
8/20/2026
Price Reduced
$1,700,000
-5.29%
MLS
7/19/2026
Listed
$1,795,000
19.67%
MLS
5/21/2024
Sold
$1,500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 232 E Gage
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,439
—
$1,560,600
2%
2025
$18,439
206%
$1,530,000
219%
2023
$6,019
1062%
$479,400
1564%
2022
$518
3%
$28,815
2%
2021
$502
—
$28,251
1%
2020
$501
2%
$27,962
2%
2019
$489
12%
$27,414
2%
2018
$435
2%
$26,877
2%
2017
$425
7%
$26,351
2%
2016
$397
1%
$25,835
2%
2015
$393
-2%
$25,448
2%
2014
$402
—
$24,950
—
2013
$402
—
$24,838
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 232 E Gage
232 E Gage, Los Angeles, CA 90003 (MLS# DW26157623) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 232 E Gage is currently listed for $1,700,000 and was received on July 19, 2026. Want to learn more about 232 E Gage? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

