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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.

Highlights

  • Residential Income
  • Triplex
  • Built in 2023
  • 0.1133 Acre Lot
  • $0/ HOA
  • 2 Car Garage
  • 4 days on Market

  • Year Built
    2023
  • Stories
    3.0
  • Architectural Style
    Contemporary
  • Garage Spaces
    2.0
  • Parking Features
    Electric Gate
  • Interior Features
    Recessed Lighting, Open Floorplan, Quartz Counters, Instant Hot Water
  • Appliances
    Dryer, Microwave, Refrigerator, Washer, Tankless Water Heater, Gas Water Heater, Water Heater, Vented Exhaust Fan, Six Burner Stove, Water To Refrigerator, EnergyStar Qualified Appliances, EnergyStar Qualified Water Heater
  • Flooring
    Tile, Vinyl
  • Pool Features
    None
  • Security Features
    Fire Sprinkler System, Security Gate, Carbon Monoxide Detectors, Smoke Detectors
  • Cooling
    Central Air
  • Heating
    Central

  • Acres
    0.1133
  • Lot Features
    Two To Five Units Acre
  • View
    City Lights, Neighborhood
  • Utilities
    Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 232 E Gage?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 232 E Gage.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 232 E Gage?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,695,000. We can talk through recent upgrades, potential seller motivation, how this triplex compares to others in Los Angeles, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 232 E Gage?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 232 E Gage at around $9,646. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 232 E Gage?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Los Angeles County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 232 E Gage?

In most cases, yes. Whether 232 E Gage is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Los Angeles's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 232 E Gage?

We can handle that for you. Our preferred local agent specializes in residential incomes in Los Angeles and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,695,000 with 5,218 sqft of space—that comes out to approximately $325 per square foot.

How long has this property been on the market?

232 E Gage was listed on November 05, 2026, which means it's been on the market for 4 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2023, making it approximately 3 years old.

What is the lot size of this property?

232 E Gage sits on a 0.11-acre lot, which is 4,792 square feet.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $0.

Is 232 E Gage still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information from California Regional Multiple Listing Service as of November 09, 2026 at 11:44AM All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: November 09, 2026 at 11:44AM | Source: California Regional Multiple Listing Service | MLS#: DW26238720