232 E Gage, Los Angeles, CA 90003

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.