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Listed by Joshua Vivanco, DRE #02199160 • Real of Greater Los Angeles, Inc
$1,695,000
Est. payment /mo
4,936 Sqft Lot
New
232 E Gage Los Angeles, CA 90003
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26238720
Style Contemporary
Year Built 2023
Lot Size 4,936 Sqft
Property Sub-Type Triplex
Source California Regional MLS
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
Area C37 - Metropolitan South
Rooms
Kitchen Microwave, Other, Exhaust Fan, Refrigerator
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Gas Hookup, In Closet, 30, Washer, Dryer
Exterior
Parking Features Gate / Door Opener
Garage Spaces 4.0
Pool 31, None
View Local/Neighborhood, City Lights
Building
Story Three or More Stories
Water Other, Hot Water, District - Public
Architectural Style Contemporary
Others
Tax ID 6006013008
Special Listing Condition Not Applicable

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