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.
For sale
$2,195,000
423 E 31st St, Los Angeles, CA 90011
15beds
15baths
5,931sqft
:
Get pre-qualified$14,837/mo
Multi Family
Built in 2026
-- sqft lot
$2,149,000 Zestimate®
$370/sqft
$-- HOA
What's special
- 74 days |
- 84 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Isaac Davidi DRE # 01819489 310-877-9425,
The Davidi Company 310-997-0311
Source: CLAW,MLS#: 26832865
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 15
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Washer
- Laundry: Electric Dryer Hookup
Interior area
- Total structure area: 5,931
- Total interior livable area: 5,931 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage - 2 Car, Carport
- Has garage: Yes
- Has carport: Yes
Features
- Levels: Two
- Stories: 3
Lot
- Size: 4,904 Square Feet
- Dimensions: 40 x 122
Details
- Additional structures: None
- Parcel number: 5128006036
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 2026
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $370/sqft
- Tax assessed value: $485,000
- Annual tax amount: $6,031
- Date on market: 5/12/2026
Estimated market value
$2,149,000
$2.04M - $2.26M
$2,212/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listed for sale | $2,195,000+352.6%$370/sqft |
Source:  CLAW #26832865 Report a problem | ||
| 9/13/2024 | Sold | $485,000+385%$82/sqft |
Source:  CRMLS #IV24195570 Report a problem | ||
| 11/10/1997 | Sold | $100,000$17/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,031 +182.4% | $485,000 +209.9% |
| 2024 | $2,136 +1.8% | $156,513 +2% |
| 2023 | $2,098 +4.6% | $153,445 +2% |
| 2022 | $2,006 +1.3% | $150,438 +2% |
| 2021 | $1,981 -0.8% | $147,489 +1% |
| 2020 | $1,997 | $145,977 +2% |
| 2019 | $1,997 +8.7% | $143,115 +2% |
| 2018 | $1,836 | $140,310 +2% |
| 2017 | $1,836 +2.3% | $137,560 +2% |
| 2016 | $1,796 +2.5% | $134,864 +1.5% |
| 2015 | $1,751 +0.5% | $132,839 +2% |
| 2014 | $1,741 | $130,238 +2.5% |
| 2012 | -- | $127,109 +2% |
| 2011 | -- | $124,618 +0.8% |
| 2010 | -- | $123,687 -0.2% |
| 2009 | -- | $123,982 +2% |
| 2008 | -- | $121,552 +2% |
| 2007 | -- | $119,169 +2% |
| 2006 | -- | $116,834 |
| 2005 | -- | $116,834 +4% |
| 2004 | -- | $112,299 +1.9% |
| 2003 | -- | $110,242 +2% |
| 2002 | -- | $108,082 +4% |
| 2000 | -- | $103,888 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Central City
Nearby schools
GreatSchools rating
- 6/10Dolores Huerta Elementary SchoolGrades: K-5Distance: 0.1 mi
- 5/10John Adams Middle SchoolGrades: 6-8Distance: 0.3 mi
- 4/10Santee Education ComplexGrades: 9-12Distance: 0.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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