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2117 W 31St St, Los Angeles, CA 90018
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2117 W 31St St Los Angeles, CA 90018

$750,000 Sold Price as of 09/13/2023
  • 4 Beds
  • 4 Baths
  • 1,396 Sq.Ft.
Sold
$750,000 Sold Price as of 09/13/2023 Refinance Your Mortgage
Map preview of 2117 W 31St St, Los Angeles, CA 90018

Property Overview: 2117 W 31St St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 1,396 living square feet and 5,200 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Architectural paradise in the HPOZ in desirable Jefferson Park. This charming, Spanish style, 1923 duplex offers side-by-side units that are one bedroom one bath, each with hardwood floors and authentic details. The property is located on a charming street with beautiful period homes where pride of ownership is evident. Some recent upgrades include a new sewer line and solar hot water. Also, the roof was replaced in 2010. The landscaping is thoughtfully drought tolerant with many native plants. This is a true neighborhood where many popular restaurants and establishments are within a short drive or walk. Both units are tenant occupied and will be sold with tenants in place. Possibility of building an ADU. Buyer to cooperate with Seller's 1031 exchange at no expense to Buyer. An accepted offer (subject to viewing..), Proof of funds and a Letter of Loan approval is required for an interior viewing as well as 48-hour notice to tenants.

Listed by Alexis Thom | BRE #01254195 | Molloy Real Estate Service
Last checked: 3 minutes ago | Last updated: September 13th, 2023 | Source CRMLS | DOM: 236

Home details

Lot Sq. Ft
5,200
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22225767
City
Los Angeles
County
Los Angeles
Time on Site
505 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,625
  • Total Rent: $1,625
  • Pro Forma/Market Rent: $1,625
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 20.67
  • Gross Scheduled Income: --
  • Net Operating Income: $27,962
  • Gross Operating Income: $38,700
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2117 W 31St St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Tile, Wood
Kitchen Information
  • Has Appliances
  • Dishwasher
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Assigned
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5052025020
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: North of Jefferson, West of Western Ave
View more facts & features

Local Los Angeles Agent

Sale History for 2117 W 31St St

Last sold for $750,000 on September 13th, 2023

  • September, 2023

  • Sep 13, 2023

    Date

    Sold

    CRMLS: 22225767

    $750,000

    Price

  • Dec 17, 2022

    Date

    Active

    CRMLS: 22225767

    $800,000

    Price

  • December, 2022

  • Dec 11, 2022

    Date

    Canceled

    CRMLS: 22219567

    $800,000

    Price

  • Nov 19, 2022

    Date

    Active

    CRMLS: 22219567

    $800,000

    Price

  • Listing provided courtesy of CRMLS

    Charming 1920s Spanish-style duplex in popular Jefferson Park HPOZ (Historic Preservation Overlay Zone). The side-by-side units are each one bedroom, one bath, with hardwood floors and period features. Solar hot water. New roof 2010. Drought resistant and native plants landscaping. Delivered with tenants in each unit. Good for a 1031 exchange. Potential of an ADU in rear. Property is a short drive or bike ride to USC; walkable to Cafe 5 coffee house on Jefferson, and nearby Starbucks. Short drive to new cafes and restaurants including Highly Likely; Johnny's West Adams (aka Johnny Pastrami); Bacari; Cento; Mizlala; Thai Farmhouse; Mian; Tartine; Alta West Adams; and many more.

  • May, 2010

  • May 13, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2010

  • Jan 8, 2010

    Date

    Sold (Public Records)

    Public Records

    $163,000

    Price

Show More

Tax History for 2117 W 31St St

Assessed Value (2020): $335,191
Year Land Value Improved Value Assessed Value
2020 $236,053 $99,138 $335,191

Home Value Compared to the Market

This property vs the competition

2117 W 31St St sold on September 13, 2023 for 34.87% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $555.16 per/sqft which puts the price per square foot 26.47% lower than the current median sale per square foot for the city of Los Angeles.

About 2117 W 31St St

Detailed summary of property

2117 W 31St St is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 1,396 living square feet, and sits on an approximately 5,200 square foot lot. 2117 W 31St St was first listed on ArdentRealEstateGroup.com on December 18, 2022. The homeowner sold the property for $750,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 34.87% lower than the current median priced home. Local homes that are currently for sale include 1466 W 22nd St, 1496 W Vernon Ave and 4700 S Gramercy Pl. While the average home in Los Angeles, CA is selling in 94 days, 2117 W 31St St has a days on market of 236 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 2117 W 31St St Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2117 W 31St St

Public county record property details
Beds
2
Baths
2
Year built
1923
Sq. Ft.
1,396
Lot Size
5,199
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
120
APN
5052-025-020

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$925,000
Median List Price/Sq.Ft.
$625
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
50
Median Sale to List Price %
105.67%
Avg Days on Market
29
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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