423 E 31st Street Los Angeles, CA ^$ 2,195,000

423 E 31st Street

^$ 2,195,000

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Recently Listed

423 E 31st Street

Los Angeles, CA, 90011

^$ 2,195,000

Bedrooms15 Baths12.0 Sq 5,931

Monthly Estimate*

^$ 13,515

Listed by The Davidi Company

423 E 31st Street, Los Angeles, CA 90011 - Image 1

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423 E 31st Street, Los Angeles, CA 90011 - Image 4

423 E 31st Street, Los Angeles, CA 90011 - Image 5

423 E 31st Street, Los Angeles, CA 90011 - Image 6

423 E 31st Street, Los Angeles, CA 90011 - Image 7

423 E 31st Street, Los Angeles, CA 90011 - Image 8

423 E 31st Street, Los Angeles, CA 90011 - Image 9

423 E 31st Street, Los Angeles, CA 90011 - Image 10

423 E 31st Street, Los Angeles, CA 90011 - Image 11

423 E 31st Street, Los Angeles, CA 90011 - Image 12

423 E 31st Street, Los Angeles, CA 90011 - Image 13

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Multi-Family Home for sale in Los Angeles, CA

for $2,195,000 with 15 bedrooms and 12 full baths. This 5,931 square foot home was built in 2026 on a lot size of 0.1126.

New construction income property located on E 31st St in the heart of Los Angeles. This modern multifamily asset offers strong rental income potential with thoughtfully designed units, contemporary finishes, and low-maintenance ownership. Conveniently located near Downtown LA, major freeways, public transportation, shopping, and dining. Excellent opportunity for investors seeking a turnkey asset with long-term upside in a high-demand rental market.

Multi-Family Active

Price

^$ 2,195,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1126

Year Built

2026

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26832865

Days on Market

Features

General

Living Area 5931

Heating Central

Cooling Central Air

Appliances Washer

Zoning LARD1.5

Year Built 2026

Stories Count 2

Levels Two

Gross Income 184704

County Los Angeles

Net Operating Income 144069.12

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions Located on E 31st St north of E Martin Luther King Jr Blvd and east of Main St.

City Los Angeles

Senior Community Y/N false

Number Of Units Total 4

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 4907

Carport Y/N true

Standard Status Active

Year Built Source Builder

Cap Rate 6.56

Interior

Total Stories 3

Air Conditioning Y/N true

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 15

Total Baths 15

Exterior

Parking Features Carport Door-Multi Garage

Total Parking 6

Lot Size Area 4907

Number of Buildings 2

Building Area Total 5931

Lot Dimensions 40x122

Lot Size Acres 0.1126

* Excluded Features

List By

The Davidi Company

Broker

info@ontrackproperty.com

Affordability Calculator

$13,515

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Monthly Principal & Interest: $13,515
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,869,053

Percent of Sale Price 15%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/12/2026	$2,195,000		Listed Price

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423 E 31st Street, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $2,195,000 with 5,931 sqft and a lot size of 0.1126. 423 E 31st Street has 15 bedrooms, 12.0 baths, and was built in 2026. The property's zip code is 90011 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/13/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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423 E 31st Street

Multi-Family Home for sale in Los Angeles, CA

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