$1,025,000
$34K PRICE DROP

403 E 131st St Los Angeles, CA 90061

Estimated payment $6,497/month

Total Views 8,813
6 Beds
4 Baths
2,330 Sq Ft
$440 Price per Sq Ft

Highlights

  • Corner Lot
  • Laundry Room
  • High-Efficiency Water Heater

About This Home

Newly Constructed and remodeled 2 units 2025, Final inspection done and C O's Coming soon . Has a unit 2 bed 1.5 Bath and Bigger Unit has 5 rooms and 2 bath that can function different ways as 5 Bed 2 Bath or 4 and 2 and 2 and 1 !/2 or 3 bed 1 1/2 and /or owner occupied easily have 2 units plus another jr ADU. Ideal for multi-generational families. All new,Windows,Kitchen,Flooring,AC. All bedrooms are large and aery, 10 foot ceilings. New concreted Driveway that CAN PARK 10 plus CARS ,Iron Fencing Ideal for Multi-generational families. Bring all offers!.... Down Payment assistance programs ,FHA,VA, Closing Costs Assistance Easy access to 105 and 710 Freeways. Open House SAT n SUN

Listing Agent

MANUEL REYES

First Family Homes Brokerage Email: manuel.reyes21realtor@gmail.com License #01351557 Listed on: 11/20/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,240 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • 2,330 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 8 Parking Spaces
  • 2 Carport Spaces

Additional Features

  • Reclaimed Water Irrigation System
  • High-Efficiency Water Heater

Listing and Financial Details

  • Tax Lot 98
  • Tax Tract Number 8944
  • Assessor Parcel Number 6130010031
  • $796 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,800
  • Trash Expense $800
  • Water Sewer Expense $1,200
  • Operating Expense $4,800
  • Gross Income $84,000
  • Net Operating Income $50,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

6,240 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6130010031
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 439.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Green Features

  • Green Water Conservation: Reclamation
  • Efficiency: Water Heater

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6240.00
  • Lot Size Acres: 0.1433

Rental Info

  • Tenant Pays: Other

Multi Family

  • Gross Income: 84000.00
  • Gross Scheduled Income: 84000.00
  • Insurance Expense: 2800.00
  • Lot Size Area: 6240.0000 Square Feet
  • Net Operating Income: 50000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 24000.00
  • Rent Control: No
  • Total Expenses: 4800.00

Tax Info

  • Tax Lot: 98
  • Tax Tract Number: 8944
  • TaxOtherAnnualAssessmentAmount: 796.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2026 01/23/26 Price Changed $1,025,000 -3.2% $440 / Sq Ft
11/20/2025 11/20/25 For Sale $1,059,000 -- $455 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $300,000 Chicago Title Company
Grant Deed -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25263762

California Regional Multiple Listing Service (CRMLS)

APN: 6130-010-031

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