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$ 925,000
Est. payment /mo
Open Sat 11AM-1PM
134 E 31st Street Los Angeles, CA 90011
8 Beds
4 Baths
6,251 Sqft Lot
Open House
Sat Oct 17, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26221449
Bedrooms 8
Lot Size 6,251 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
3 BEDROOM 2 BATH UNIT VACANT AT COE, offering a new owner the opportunity to OWNER OCCUPY the unit or lease it while benefiting from income generated by the remaining units. Including the pro forma rent for the vacant 3-bedroom unit, the property generates just under $7,000 in monthly rental income. 134 E 31st Street is a 4-unit multifamily opportunity featuring a unit mix of (1) 3+2, (2) 2+1, and (1) 1+1. The remaining units are occupied by long-term tenants, providing dependable in-place income and stability from day one. This creates an attractive balance of reliable current cash flow, immediate lease-up potential, and long-term rental upside as units turn over over time. Located just east of USC and Exposition Park, the property benefits from proximity to Downtown Los Angeles, major employment centers, transit, the LA Memorial Coliseum, BMO Stadium, the California Science Center, and other major destinations. Its central location, established tenancy, and immediate vacancy make 134 E 31st Street a compelling opportunity for both investors and owner-users seeking long-term value in Los Angeles.
Location
State CA
County Los Angeles
Zoning Assessor
Direction From the I-110 Freeway, exit Adams Blvd and head east. Turn right on S Main Street, then left on E 31st Street. The property wil
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5120001010
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Listed by Boris Almengor, DRE#02092597 Lyon Stahl Investment Real Est
NEARBY SCHOOL & BUSINESS