John E Burge

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Listing provided courtesy of The Davidi Company- MLS# 26832865MLS Provider

423 E 31st StLos Angeles, CA 90011

Multi-Family · 15 Beds · 5,931 Sq. ft. | 0.11 Acres
$2,195,000 Active

423 E 31st St Overview

Time on Site:
49 days
Visits:
0

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.

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423 E 31st St Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,931
  • Price/Sq.ft. $370
  • Lot 0.11 Acres

Details

General

Income/Expenses

  • Gross Income: 184704
  • Net Operating Income: 144069.12

Building Information

  • Year Built: 2026

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Downtown L.A.

Tax Information

  • Tax Assessed Value: 485000

General Information

  • Disclosures: None
  • Property Type: Residential Income
  • Zoning: LARD1.5

Interior

Beds/Baths

  • Bathrooms Total: 15.00
  • Bedrooms Total: 15

General Information

  • Cooling: Central
  • Heating: Central
  • Levels: Two
  • Living Area: 5931
  • Living Area Source: Owner
  • Stories: 3

Exterior

Parking Information

  • Parking Total: 6

Lot Information

  • Lot Size Acres: 0.1126
  • Lot Size Area: 4907
  • Lot Size Dimensions: 40x122
  • Lot Size Source: Vendor Enhanced
  • Number Of Buildings: 2

General Information

  • Number Of Units Total: 4
  • Other Structures: None

423 E 31st St Neighborhood

Community

90011 (Los Angeles) Demographics

30
Median Age
25,839
Population Density (per sq. mile)
11%
College Educated
$44,616
Estimated Median Income
6,904
Estimated Total Home Owners
17,923
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

423 E 31st St Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

423 E 31st St Market Data

Based on the last 30 days in this zip code

$806,529
Average List Price
$435
Average Price per Square Foot
7
Properties Sold
126
Average Days on Market
81
Properties for Sale
Calculations provided by Reliance Network

423 E 31st St History

Date Event Value Agent
5/12/2026Source: CRMLS Added to Database
May 12, 2026
5/12/2026Source: TheMLS (CLAW) Added to Database
May 12, 2026
9/19/2024Source: CRMLS Added to Database
September 19, 2024
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