$2,195,000
423 E 31st Street, Los Angeles CA 90011
Multi-Family (4 Units)
Property type
24 days
On market
$370
Price per sqft
N/A
Garage
2026
Year built
4,907 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Isaac Davidi DRE #01819489 310-877-9425, The Davidi Company
Listing updated: May 20, 2026 at 07:25am.
Last checked: Jun 3, 2026 at 08:01pm
Source: CRMLS #26832865
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 4 | 4 | — | $0 | $0 | $3,999 | Unfurnished |
| 2 | 4 | 4 | — | $0 | $0 | $3,999 | Unfurnished |
| 3 | 4 | 4 | — | $0 | $0 | $3,999 | Unfurnished |
| 4 | 3 | 3 | — | $0 | $0 | $3,395 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Financial Snapshot
Gross Rent Multiplier
11.9x
List Price / Annual Gross Rent
Cap Rate
6.56%
NOI / List Price
Net Operating Income: $144,069
Interior
Cooling: Central Air
Heating: Central
Appliances: Washer
Laundry: Washer Included
Exterior
Stories Total: 3
Levels: Two
Garage and Parking
Parking: Carport, Door Multi, Garage
Parking Total: 6
Lot Information
Land Lease: No
Parcel #: 5128006036
Zoning: LARD1.5
Lot Size Dimensions: 40x122
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 423 E 31st Street, Los Angeles, CA 90011. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,756,000
Total Interest
$2,239,681
Total Payment
$3,995,681
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$13,536
per month
Property History for 423 E 31st Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90011.
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