We consider multiple description (MD) coding for the Gaussian source with K descriptions under the symmetric mean-squared error (MSE) distortion constraints, and provide an approximate characterization of the rate region. We show that the rate region can be sandwiched between two polytopes, between which the gap can be upper-bounded by constants dependent on the number of descriptions, but independent of the distortion constraints. Underlying this result is an exact characterization of the lossless multilevel diversity source coding problem: a lossless counterpart of the NW problem. This connection provides a polytopic template for the inner and outer bounds to the rate region. In order to establish the outer bound, we generalize Ozarow's technique to introduce a strategic expansion of the original probability space by more than one random variable. For the symmetric rate case with any number of descriptions, we show that the gap between the upper bound and the lower bound for the individual description rate-distortion function is no larger than 0.92 bit. The results developed in this work also suggest that the "separation" approach of combining successive refinement quantization and lossless multilevel diversity coding is a competitive one, since its performance is only a constant away from the optimum. The results are further extended to general sources under the MSE distortion measure, where a similar but looser bound on the gap holds.