134 E 31st Street, Los Angeles, CA 90011

About this property

A rare opportunity to buy a well maintained, LAR4 ZONED, Four Unit Residential Income Property, which offers many upgrades and possibilities. The 2bedroom/2 bathroom unit will be delivered vacant which is perfect for an owner occupied investment or it can offer a tremendous value add potential for a local and experienced investor to capitalize on the growing rents in the area. It sits on a large 6,259 sq ft lot size with 3,837 sq ft of living space and has ample parking for each unit. Units with current rents: Unit 1 is 1bed/1 bath $743, Unit 2 is 2 bed/2 bath $2,100 (will be delivered vacant), Unit 3 is 2 bed/1 bath $1,156.00, Unit 4 is 3 bed/2 bath $2,137. Good Location with 10 fwy and 110 fwy nearby and within minutes to USC, Exposition Park, Downtown LA, the fashion district, LA Live., Restaurants & Shops.

Listing description from the December 2023 sale, as reported to CRMLS.

Sale history

$943,000

Sold December 2023 · listed $968,000, orig. $988,000, on market July 2023 · MLS #23292759 · Source: CRMLS

Listing Agent: Melinda Lira · Listing Office: Home Pride Real Estate · Contact: 949-395-2773 · Bought with: Out of Area Out of Area · Out of Area

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