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For sale
  • Listed by: Keller Williams SELA • Joshua Vivanco • Contact: 562-299-7934
    $1,795,000

    232 E Gage Ave, Los Angeles, CA 90003

    13beds
    12baths
    5,218sqft
    : 
    $12,234/mo
    Get pre-qualified
    Triplex
    Built in 2023
    -- sqft lot
    $-- Zestimate®
    $344/sqft
    $-- HOA

    What's special

    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.
    9 days
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    72
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    3
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    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Vivanco DRE #02199160 562-299-7934,

    Keller Williams SELA

    Source: CRMLS,MLS#: DW26157623MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 13
      • Bathrooms: 12
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: 6 Burner Stove, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, High Efficiency Water Heater, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater, Dryer, Washer
      • Laundry: Washer Hookup, Gas Dryer Hookup, Laundry Closet
      Features
      • Instant Hot Water
      • Flooring: Tile, Vinyl
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 5,218
      • Total interior livable area: 5,218 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Electric Gate
      • Garage spaces: 2
      • Uncovered spaces: 2
      Features
      • Entry location: Front Doors
      • Exterior features: Rain Gutters
      • Pool features: None
      • Spa features: None
      • Fencing: Block,Wrought Iron
      • Has view: Yes
      • View description: City Lights, Neighborhood
      Lot
      • Size: 4,936 Square Feet
      • Features: 2-5 Units/Acre
      Details
      • Parcel number: 6006013008
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      • Attached to another structure: Yes
      Condition
      • Turnkey
      • New construction: No
      • Year built: 2023

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
      Green energy
      • Energy efficient items: Appliances, Water Heater

      Community & HOA

      Community
      • Features: Biking, Curbs, Street Lights, Sidewalks
      • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security Gate, Smoke Detector(s), Security Lights
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $344/sqft
      • Tax assessed value: $1,530,000
      • Annual tax amount: $18,439
      • Date on market: 7/19/2026
      • Cumulative days on market: 9 days
      • Listing terms: Cash,Conventional,1031 Exchange
      • Inclusions: Appliances
      • Exclusions: Tenants belongings
      • Total actual rent: 8000
      • Tenant pays: All Utilities

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,218/mo

        Price history

        DateEventPrice
        7/20/2026Listed for sale$1,795,000+0.9%$344/sqft
        Source: CRMLS #DW26157623 Report a problem
        5/16/2026Price change$4,500-6.3%$1/sqft
        Source: CRMLS #SR25254097 Report a problem
        5/11/2026Price change$4,800-26.2%$1/sqft
        Source: CRMLS #SR25254097 Report a problem
        4/24/2026Price change$6,500+30%$1/sqft
        Source: CRMLS #SR25254097 Report a problem
        4/10/2026Listing removed$1,779,000-6.4%$341/sqft
        Source: SDMLS #DW25140511 Report a problem
        11/5/2025Listed for rent$5,000$1/sqft
        Source: CRMLS #SR25254097 Report a problem
        6/25/2025Listed for sale$1,900,000+26.7%$364/sqft
        Source: SDMLS #DW25140511 Report a problem
        5/24/2024Sold$1,500,000-16.7%$287/sqft
        Source: CRMLS #DW24009140 Report a problem
        5/2/2024Pending sale$1,800,000$345/sqft
        Source: CRMLS #DW24009140 Report a problem
        3/9/2024Listed for sale$1,800,000$345/sqft
        Source: CRMLS #DW24009140 Report a problem
        1/25/2024Pending sale$1,800,000$345/sqft
        Source: CRMLS #DW24009140 Report a problem
        1/16/2024Listed for sale$1,800,000+283%$345/sqft
        Source: CRMLS #DW24009140 Report a problem
        6/10/2022Sold$470,000+3.3%$90/sqft
        Source: Public Record Report a problem
        5/25/2022Pending sale$455,000$87/sqft
        Source: RE/MAX International #SB22080966 Report a problem
        4/21/2022Listed for sale$455,000+21.1%$87/sqft
        Source: RE/MAX International #SB22080966 Report a problem
        2/9/2022Sold$375,730$72/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$18,439 +206.3%$1,530,000 +219.1%
        2024$6,020 +0%$479,400
        2023$6,019 +1063.1%$479,400 +1563.7%
        2022$518 +3%$28,815 +2%
        2021$502 +0.3%$28,251 +1%
        2020$501 $27,962 +2%
        2019$501 +15.1%$27,414 +2%
        2018$435 $26,877 +2%
        2017$435 +2.5%$26,351 +2%
        2016$425 +6.9%$25,835 +1.5%
        2015$397 -1.2%$25,448 +2%
        2014$402 $24,950 +2.5%
        2012-- $24,352 +2%
        2011-- $23,875 +0.7%
        2010-- $23,698 -0.2%
        2009-- $23,755 +2%
        2008-- $23,291 +2%
        2007-- $22,836 +2%
        2006-- $22,389
        2005-- $22,389 +4%
        2004-- $21,521 +1.9%
        2003-- $21,128 +2%
        2002-- $20,714 +4%
        2000-- $19,911
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Southeast Los Angeles

        Getting around

        70 / 100
        Very Walkable
        64 / 100
        Good Transit
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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