Jared Nuñez
Alchemy Realty Inc
(562) 568-7742
142 Total Sales
1 in Historic South Central
$658,000 Price
115 E 31st St Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated Value: $1,163,764
7
Beds
3
Baths
3,420
Sq Ft
$340/Sq Ft
Est. Value
About This Home
As of March 2022Fully remodeled and clean three-unit building, with ready to issue permits for a 4th ADU garage conversion. Built in 1984 which means this property does NOT fall under LA's rent stabilization ordinance and you can raise rent 5% a year + CPI, or over a 10% rental increase once COVID restrictions are lifted. Pro Forma 5.8% cap rate after ADU is complete. The front unit is a large (approx 1,200 sq ft) 3 bed/1 bath leased for $2,790. Unit B is a 2 bed/1 bath leased for $1,795, fully remodeled. Unit C is a remodeled 2 bed/1 bath currently rented for $1,790. On top of that, permits are ready to convert the garage into a legal studio/4th unit. RTI permits sold with property. All you need to do is pull the permits and start construction! All units remodeled with high-quality floors, appliances, and finishes. There on-site parking for each unit, and laundry inside each unit. Close to DTLA, USC, Fashion District, and lots of new development. This is one is a no-brainer! Owner is motivated, make all offers.
Last Agent to Sell the Property
Maher Commercial Realty License #01299093 Listed on: 01/05/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1984
Lot Details
- 6,283
Parking
- 1 Car Garage
- Gated Parking
Home Design
- 3,420 Sq Ft Home
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Laundry
- Laundry in unit
- Gas Dryer Hookup
Utilities
- Heating System Mounted To A Wall or Window
- Cable TV Available
Additional Features
- Gas Oven
- 6,283 Sq Ft Lot
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 5128-005-040
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 5, 2022
Closed on
Feb 28, 2022
Sold by
Upper West Side Investment Company Llc
Bought by
Seller's Agent
Oron Maher
Maher Commercial Realty
Buyer's Agent
Sam Liberow
Marcus & Millichap
List Price
$1,295,000
Sold Price
$1,295,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$131,236
Avg. Annual Appreciation
-2.35%
Original Mortgage
$906,500
Outstanding Balance
$844,729
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$319,035
Purchase Details
Closed on
Jul 2, 2021
Sold by
Maher Oron and Pezeshkifar Amy
Bought by
Upper West Side Investment Company Llc
Purchase Details
Listed on
Oct 28, 2019
Closed on
Dec 24, 2020
Sold by
Coffee Kimberly F and Washington Marilyn L
Bought by
Maher Oron and Pezeshkifar Amy
Seller's Agent
NANCY STAMP
EXP REALTY OF CALIFORNIA INC
List Price
$685,000
Sold Price
$685,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%
Original Mortgage
$513,750
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 20, 2007
Sold by
Coffee Kimberly F
Bought by
Coffee Kimberly F and Washington Marilyn L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 11, 2006
Sold by
Washington Marilyn L
Bought by
Coffee Kimberly F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.2%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 29, 2005
Sold by
Washington Marilyn L
Bought by
Washington Marilyn L and Coffee Kimberly F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 27, 2005
Sold by
Coffee Kimberly F
Bought by
Washington Marilyn L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 8, 2004
Sold by
Mejia David and Mejia Carol Beltran
Bought by
Coffee Kimberly F and Washington Marilyn J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,707
Interest Rate
6.24%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 16, 2003
Sold by
Beltran Alex and Beltran Rosa
Bought by
Mejia David and Mejia Carol Beltran
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Historic South Central, CA
-
Jared Nuñez
-
Alejandro Quinonez
Alejandro Quinonez
TDC/Pacific Properties
(323) 827-8239
14 Total Sales
1 in Historic South Central
$1,300,000 Price
-
Darryl West
Darryl West
Powerhouse Real Estate
(424) 359-1187
14 Total Sales
1 in Historic South Central
$775,000 Price
-
Ilya Tsipis
Ilya Tsipis
Fair Realty
(747) 204-0233
45 Total Sales
1 in Historic South Central
$850,000 Price
-
Shelle Kirk
Shelle Kirk
View Heights Properties
(562) 414-6134
23 Total Sales
1 in Historic South Central
$940,000 Price
-
Joshua Glaz
Joshua Glaz
The Ave
(657) 325-8448
259 Total Sales
3 in Historic South Central
$795K - $960K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,295,000 | Old Republic Title | ||
| Upper West Side Investment Company Llc | -- | Lawyers Title | |
| Coffee Kimberly F | -- | Chicago Title Co | |
| Coffee Kimberly F | -- | Chicago Title Co | |
| Washington Marilyn L | -- | -- | |
| Washington Marilyn L | -- | Chicago Title Co | |
| Coffee Kimberly F | $380,000 | Chicago Title Co | |
| Mejia David | -- | Chicago Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $906,500 | ||
| Previous Owner | Coffee Kimberly F | $66,000 | |
| Previous Owner | Coffee Kimberly F | $125,000 | |
| Previous Owner | Washington Marilyn L | $440,000 | |
| Previous Owner | Coffee Kimberly F | $374,707 | |
| Previous Owner | Mejia David | $215,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/30/2022 03/30/22 | Sold | $1,295,000 | +7.9% | $379 / Sq Ft | |
| 03/07/2022 03/07/22 | Pending | -- | -- | -- | |
| 01/18/2022 01/18/22 | Price Changed | $1,200,000 | -7.3% | $351 / Sq Ft | |
| 01/05/2022 01/05/22 | For Sale | $1,295,000 | +89.1% | $379 / Sq Ft | |
| 01/07/2021 01/07/21 | Sold | $685,000 | 0.0% | $220 / Sq Ft | View Prior Sale |
| 08/03/2020 08/03/20 | For Sale | $685,000 | 0.0% | $220 / Sq Ft | |
| 07/30/2020 07/30/20 | Pending | -- | -- | -- | |
| 07/27/2020 07/27/20 | For Sale | $685,000 | 0.0% | $220 / Sq Ft | |
| 06/16/2020 06/16/20 | Pending | -- | -- | -- | |
| 02/11/2020 02/11/20 | For Sale | $685,000 | 0.0% | $220 / Sq Ft | |
| 11/14/2019 11/14/19 | Pending | -- | -- | -- | |
| 10/28/2019 10/28/19 | For Sale | $685,000 | -- | $220 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $16,907 | $1,401,747 | $865,945 | $535,802 |
| 2025 | $16,907 | $1,374,263 | $848,966 | $525,297 |
| 2024 | $16,695 | $1,347,318 | $832,320 | $514,998 |
| 2023 | $16,374 | $1,320,900 | $816,000 | $504,900 |
| 2022 | $8,667 | $698,700 | $408,000 | $290,700 |
| 2021 | $8,615 | $697,525 | $366,123 | $331,402 |
| 2020 | $8,697 | $690,373 | $362,369 | $328,004 |
| 2019 | $8,361 | $676,837 | $355,264 | $321,573 |
| 2018 | $8,225 | $663,567 | $348,299 | $315,268 |
| 2016 | $7,840 | $637,802 | $334,775 | $303,027 |
| 2015 | $7,727 | $628,223 | $329,747 | $298,476 |
| 2014 | $7,765 | $615,918 | $323,288 | $292,630 |
Source: Public Records
Agents Affiliated with this Home
-
Oron Maher
Seller's Agent in 2022
Oron Maher
Maher Commercial Realty
(630) 649-9961
1 in this area
37 Total Sales
-
Sam Liberow
Buyer's Agent in 2022
Sam Liberow
Marcus & Millichap
(718) 406-3128
1 in this area
54 Total Sales
-
NS
Seller's Agent in 2021
NANCY STAMP
EXP REALTY OF CALIFORNIA INC
Map
Source: The MLS
MLS Number: 21-100353
APN: 5128-005-040
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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