232 E Gage Ave Los Angeles, CA 90003
Florence NeighborhoodEstimated payment $11,317/month
Highlights
- City Lights View
- Laundry closet
- Instant Hot Water
- Tankless Water Heater
- Tile Flooring
- 5-minute walk to Avalon and Gage Park
About This Home
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.
Listing Agent
Keller Williams SELA Brokerage Phone: 562-299-7934 License #02199160 Listed on: 07/19/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2023
Lot Details
- 4,936 Sq Ft Lot
- Two or More Common Walls
- Wrought Iron Fence
- Block Wall Fence
- Density is 2-5 Units/Acre
Parking
- 2 Open Parking Spaces
- 2 Car Garage
- Parking Available
- Auto Driveway Gate
Property Views
- City Lights
- Neighborhood
Home Design
- Triplex
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 5,218 Sq Ft Home
- 3-Story Property
Kitchen
- Six Burner Stove
- Microwave
- ENERGY STAR Qualified Appliances
- Disposal
- Instant Hot Water
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 13 Bedrooms
- 12 Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Home Security
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Natural Gas Connected
- Tankless Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 354
- Assessor Parcel Number 6006013008
- $272 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Recreation
- Bike Trail
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $1,800
- Insurance Expense $4,000
- Maintenance Expense $2,800
- Operating Expense $36,878
- Gross Income $59,122
- Net Operating Income $59,122
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,439 | $1,530,000 | $510,000 | $1,020,000 |
| 2024 | $6,020 | $479,400 | $479,400 | |
| 2023 | $6,019 | $479,400 | $383,520 | $95,880 |
| 2022 | $518 | $28,815 | $16,139 | $12,676 |
| 2021 | $502 | $28,251 | $15,823 | $12,428 |
| 2019 | $489 | $27,414 | $15,354 | $12,060 |
| 2018 | $435 | $26,877 | $15,053 | $11,824 |
| 2016 | $397 | $25,835 | $14,469 | $11,366 |
| 2015 | $393 | $25,448 | $14,252 | $11,196 |
| 2014 | $402 | $24,950 | $13,973 | $10,977 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/19/2026 07/19/26 | For Sale | $1,795,000 | 0.0% | $344 / Sq Ft | |
| 05/15/2026 05/15/26 | Price Changed | $4,500 | -6.3% | $2 / Sq Ft | |
| 05/10/2026 05/10/26 | Price Changed | $4,800 | -26.2% | $2 / Sq Ft | |
| 04/24/2026 04/24/26 | Price Changed | $6,500 | +30.0% | $3 / Sq Ft | |
| 11/04/2025 11/04/25 | For Rent | $5,000 | 0.0% | -- | |
| 05/24/2024 05/24/24 | Sold | $1,500,000 | -16.7% | $287 / Sq Ft | View Prior Sale |
| 04/29/2024 04/29/24 | Pending | -- | -- | -- | |
| 03/08/2024 03/08/24 | For Sale | $1,800,000 | 0.0% | $345 / Sq Ft | |
| 01/19/2024 01/19/24 | Pending | -- | -- | -- | |
| 01/16/2024 01/16/24 | For Sale | $1,800,000 | +283.0% | $345 / Sq Ft | |
| 06/10/2022 06/10/22 | Sold | $470,000 | +3.3% | $335 / Sq Ft | View Prior Sale |
| 05/25/2022 05/25/22 | Pending | -- | -- | -- | |
| 04/20/2022 04/20/22 | For Sale | $455,000 | -- | $324 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $1,500,000 | Wfg National Title | |
| Grant Deed | $1,500,000 | Wfg National Title | |
| Gift Deed | -- | Wfg National Title | |
| Grant Deed | -- | Wfg National Title | |
| Grant Deed | $470,000 | None Listed On Document | |
| Trustee Deed | $375,730 | Servicelink |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,233,000 | New Conventional | |
| Closed | $1,200,000 | New Conventional | |
| Closed | $1,200,000 | New Conventional | |
| Previous Owner | $225,000 | New Conventional | |
| Previous Owner | $1,150,000 | Construction | |
| Previous Owner | $544,185 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $277,500 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW26157623
APN: 6006-013-008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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