
Los Angeles, California 90003
This High-Potential Investment Opportunity is a 2023-built triplex listed at $1,795,000, positioned well below the $1,886,036 Fair Market Value by 4%. This valuation gap offers $91,036 in Instant Equity. Featuring a Mint Condition Rating, this asset includes two 5-bedroom residences and a 3-bedroom ADU with Green Certified construction. Its proximity to USC and major stadiums ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-yield income property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 232 E Gage Subject | $1,795,000* List Price | 0 | 0 | 5,218 | $361 | - |
A 157 W 65th Street Sold | $1,400,000 | 0 | 0 | 3,832 | $365 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a 2023 new construction property in mint condition. It features modern kitchens and bathrooms with quartz countertops and shaker cabinetry, brand-new Samsung appliances, and high-efficiency systems including central HVAC and tankless water heaters.
Built in 2023, this Green Certified triplex features modern finishes, central HVAC, and individually metered utilities, significantly reducing immediate maintenance costs and simplifying property management for investors.
The property offers an exceptional unit mix including two massive 5-bedroom residences and a 3-bedroom ADU, maximizing rental income potential and catering to the high demand for large-scale housing near USC and DTLA.
Situated with immediate access to the 110 Freeway and minutes from major hubs like USC, SoFi Stadium, and Downtown LA, the location ensures consistent tenant demand and strong long-term appreciation potential.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5218, other record living area = 1404.
With over 5,200 square feet of building area situated on a sub-5,000 square foot lot, the property lacks significant private yard space, which may be a drawback for tenants seeking outdoor recreation.
The high total bedroom count (13 bedrooms) across the three units may lead to parking friction, as the on-site capacity may not fully accommodate the potential number of vehicles for a full occupancy of tenants.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 5,218 | 2,250 |
| Lot Size | 4,936 | 5,864 |
| Price | $1.79M | $826.7K |
| Price per sq ft | $344 | $395 |
| Built year | 2023 | 1925 |
| HOA | $0 | $0 |
| Days on market | 3 | 83 |
Jul 19, 2026
$1,795,000
Initial Listing
May 24, 2024
$1,500,000
Public Record
Jun 10, 2022
$470,000
Public Record