$2,195,000

423 E 31st St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated payment $12,428/month

Total Views 1,295
15 Beds
15 Baths
5,931 Sq Ft
$370 Price per Sq Ft

About This Home

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.

Listing Agent

Isaac Davidi

The Davidi Company License #01819489 Listed on: 06/18/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2026

Lot Details

  • 4,907 Sq Ft Lot
  • Lot Dimensions are 40x122

Interior Spaces

  • 5,931 Sq Ft Home
  • 3-Story Property
  • Washer

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Bathrooms

Parking

  • 2 Car Garage
  • Carport

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5128-006-036

Property Details

Home Type

Multi-Family

Year Built

Built in 2026

Lot Details

4,907 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5931
  • Lot Acreage: 0.1126
  • Lot Dimensions: 40x122
  • Stories: 3
  • Year Built: 2026
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Total Bathrooms: 15.00
  • Equipment: Washer, Electric Dryer Hookup
  • Price Per S Q F T: 370.09

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 2 Car, Carport
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 23.71
  • Assessed Improvement Value: 115000
  • Assessed Land Percent: 76.29
  • Assessed Land Value: 370000
  • Total Assessed Value: 485000
  • Assessor Parcel Number: 5128-006-036
  • Lot Size Area: 4907

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.88
  • Number Of Units: 4
  • Type Of Units: .

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2025 $6,031 $485,000 $370,000 $115,000
2024 $2,136 $156,513 $104,555 $51,958
2023 $2,098 $153,445 $102,505 $50,940
2022 $2,006 $150,438 $100,496 $49,942
2021 $1,981 $147,489 $98,526 $48,963
2019 $1,926 $143,115 $95,604 $47,511
2018 $1,836 $140,310 $93,730 $46,580
2016 $1,751 $134,864 $90,092 $44,772
2015 $1,727 $132,839 $88,739 $44,100
2014 $1,741 $130,238 $87,001 $43,237
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
06/18/2026 06/18/26 For Sale $2,195,000 0.0% $370 / Sq Ft
06/12/2026 06/12/26 Off Market $2,195,000 -- --
05/12/2026 05/12/26 For Sale $2,195,000 +339.0% $370 / Sq Ft
09/19/2024 09/19/24 For Sale $500,000 +3.1% $692 / Sq Ft
09/13/2024 09/13/24 Sold $485,000 -- $671 / Sq Ft View Prior Sale
Source: The MLS

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 Type Sale Price Title Company
Grant Deed $485,000 First American Title Insurance
Interfamily Deed Transfer -- California Counties Title Co
Interfamily Deed Transfer -- California Counties Title Co
Grant Deed $100,000 Commonwealth Land 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 Loan Amount Loan Type
Previous Owner $196,000 Unknown
Previous Owner $150,000 Unknown
Previous Owner $3,000 Unknown
Previous Owner $115,000 Purchase Money Mortgage
Source: Public Records

Source: The MLS

MLS Number: 26832865

The MLS

APN: 5128-006-036

California Los Angeles County Los Angeles 90011 Historic South Central

423 E 31st St, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 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.

Nearby Homes
Isaac Davidi
Listing Agent
Isaac Davidi
Section Image
The Davidi Company
(310) 997-0311
Your Personal Tour Guide

Ask me questions while you tour the home.