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237 E 31St St, Los Angeles, CA 90011
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237 E 31St St Los Angeles, CA 90011

$725,000 Sold Price as of 09/23/2021
  • 7 Beds
  • 4 Baths
  • 1,192 Sq.Ft.
Sold
$725,000 Sold Price as of 09/23/2021 Refinance Your Mortgage
Map preview of 237 E 31St St, Los Angeles, CA 90011

Property Overview: 237 E 31St St Los Angeles, CA has 7 bedrooms, 4 bathrooms, 1,192 living square feet and 6,253 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Brent Koo | BRE #01915382 | Marcus & Millichap
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
6,253
HOA Dues
$0/mo
Year built
1893
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21743140
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,660
  • Total Rent: $2,660
  • Pro Forma/Market Rent: $2,660
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,150
  • Total Rent: $1,150
  • Pro Forma/Market Rent: $1,150
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.43
  • Gross Scheduled Income: --
  • Net Operating Income: $51,530
  • Gross Operating Income: $61,920
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 237 E 31St St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Barbecue, Dishwasher, Refrigerator
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Property Information
  • Total # of Units: 3
  • Parcel Number: 5128005028
Location / Neighborhood
Location Information
  • Directions: In a Prime Location near USC and Downtown LA
View more facts & features

Local Los Angeles Agent

Sale History for 237 E 31St St

Last sold for $725,000 on September 23rd, 2021

  • July, 2021

  • Jul 6, 2021

    Date

    Pending

    CRMLS: 21743140

    $770,000

    Price

  • Jun 2, 2021

    Date

    Active

    CRMLS: 21743140

    $770,000

    Price

  • June, 2021

  • Jun 1, 2021

    Date

    Expired

    CRMLS: 21730472

    $770,000

    Price

  • May 11, 2021

    Date

    Active

    CRMLS: 21730472

    $770,000

    Price

  • Listing provided courtesy of CRMLS

  • October, 2019

  • Oct 25, 2019

    Date

    Canceled

    CRMLS: PW19167706

    $695,000

    Price

  • Sep 25, 2019

    Date

    Price Change

    CRMLS: PW19167706

    $695,000

    Price

  • Aug 25, 2019

    Date

    Price Change

    CRMLS: PW19167706

    $689,000

    Price

  • Jul 15, 2019

    Date

    Active

    CRMLS: PW19167706

    $699,000

    Price

  • Listing provided courtesy of CRMLS

    **Positive Cash Flow triplex(3units)** In a Prime Location near USC and Downtown LA***Front unit has front yard. **Don't miss this great opportunity**Totally stabilized property. Long Term Tenants, stable Income, controlled expenses and well maintained Triplex.**Excellent 6.3%Great CAP Rate, close to the new Ram's Stadium! Three Units in two building property. Excellent Rental Income Opportunity at the strong Metropolitan area of South-West Los Angeles. Close to employment, education, transportation, services, entertainment etc. Three Units in a gated Lot, nice green area with paved driveway.

  • June, 2019

  • Jun 27, 2019

    Date

    Canceled

    CRMLS: SR19077364

    $690,000

    Price

  • Apr 6, 2019

    Date

    Active

    CRMLS: SR19077364

    $690,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT OPPORTUNITY TO OWN AN INCOME PROPERTY IN THE HEART OF LOS ANGELES. THIS TRIPLEX IS LOCATED WALKING DISTANCE FROM USC, UNIVERSITY PARK, DTLA, MUSEUM, STAPLES CENTER, PARKS, DOLORES HUERTA ELEMENTARY SCHOOL, AND MUCH MUCH MORE! LONG TERM TENANTS ON MONTH TO MONTH CONTRACTS! GREAT PROPERTY FOR FIRST TIME BUYERS WHO WANT HELP WITH MORTGAGE OR ARE LOOKING FOR AN INVESTMENT OPPORTUNITY! FRONT HOUSE FEATURES 4BED/2BATH WITH 2 BACK UNITS OF BOTH 1BED/1BATH. STEADY CASH FLOW OF ABOUT $4,800 PER MONTH WITH VERY LOW MAINTENANCE! PLENTY OF PARKING SPACE WITH BEAUTIFUL FRONT YARD. DO NOT LOSE OUT ON THIS OPPORTUNITY! BUYERS BUYERS BUYERS, WONT LAST LONG! MAXIMIZE YOUR INVESTMENT, ACT FAST!

  • April, 2019

  • Apr 2, 2019

    Date

    Expired

    CRMLS: 18393510

    $678,000

    Price

  • Nov 29, 2018

    Date

    Withdrawn

    CRMLS: 18393510

    $678,000

    Price

  • Oct 5, 2018

    Date

    Active

    CRMLS: 18393510

    $678,000

    Price

  • Listing provided courtesy of CRMLS

    A great income generating triplex is conveniently located near USC and DTLA. Spacious front house features 4bed and 2bath with a big front lawn. Separate two story building is located in the back which has two units with 1bed, 1bath each. Each unit has own separate meters for Electric and gas. 100% occupied with great mt to mt tenants. 6.2% CAP.

  • February, 2019

  • Feb 26, 2019

    Date

    Canceled

    CRMLS: 18415210

    $678,000

    Price

  • Feb 11, 2019

    Date

    Withdrawn

    CRMLS: 18415210

    $678,000

    Price

  • Dec 12, 2018

    Date

    Active

    CRMLS: 18415210

    $678,000

    Price

  • Listing provided courtesy of CRMLS

    A great income generating triplex is conveniently located near USC and DTLA. Spacious front house features 4bed and 2bath with a big front lawn. Separate two story building is located in the back which has two units with 1bed, 1bath each. Each unit has own separate meters for Electric and gas. 100% occupied with great mt to mt tenants. 6.2% CAP.

  • September, 2018

  • Sep 25, 2018

    Date

    Canceled

    CRMLS: 18352662

    $699,000

    Price

  • Jul 28, 2018

    Date

    Price Change

    CRMLS: 18352662

    $699,000

    Price

  • Jun 20, 2018

    Date

    Active

    CRMLS: 18352662

    $720,000

    Price

  • Jun 16, 2018

    Date

    Withdrawn

    CRMLS: 18352662

    $720,000

    Price

  • Jun 8, 2018

    Date

    Active

    CRMLS: 18352662

    $720,000

    Price

  • Listing provided courtesy of CRMLS

    Triplex, Ten blocks away from USC and DTLA, A great income potential generating income triples with Separate two-story building and each unit has separate Electric and Gas meters Conveniently located close to restaurants, shopping, and has easy access to transportation. All offers SUBJECT TO INTERIOR INSPECTION AFTER ACCEPTANCE. Do NOT disturb TENANTS Great rental Perfect for investors, first-time buyers or investment. and PROPERTY TO BE SOLD "AS IS" AND WHERE IS CONDITION"

  • June, 2018

  • Jun 16, 2018

    Date

    Canceled

    CRMLS: 18321854

    $710,000

    Price

  • Jun 8, 2018

    Date

    Withdrawn

    CRMLS: 18321854

    $710,000

    Price

  • May 16, 2018

    Date

    Price Change

    CRMLS: 18321854

    $710,000

    Price

  • Apr 30, 2018

    Date

    Active

    CRMLS: 18321854

    $698,000

    Price

  • Apr 18, 2018

    Date

    Active Under Contract

    CRMLS: 18321854

    $698,000

    Price

  • Mar 11, 2018

    Date

    Active

    CRMLS: 18321854

    $698,000

    Price

  • Listing provided courtesy of CRMLS

    A great income generating triplex is conveniently located near USC and DTLA. Spacious front house features 4bed and 2bath with a big front lawn. Separate two story building is located in the back which has two units with 1bed, 1bath each. Each unit has own separate meters for Electric and gas. 100% occupied with great mt to mt tenants. 5.6% CAP.

  • October, 2017

  • Oct 5, 2017

    Date

    Expired

    CRMLS: TR17183104

    $719,000

    Price

  • Oct 3, 2017

    Date

    Withdrawn

    CRMLS: TR17183104

    $719,000

    Price

  • Aug 9, 2017

    Date

    Active

    CRMLS: TR17183104

    $719,000

    Price

  • Listing provided courtesy of CRMLS

    Perfect opportunity to own rental property in Los Angeles! This TRIPLEX is conveniently located minutes from USC, DTLA ,Staples Center Coliseum and A Elementary School Just Across the Street. Front Unit is 4Bed. 2Bath with a Yard and A Handicap Access,Rear Two 1 Bed.1Bath. Each Unit Has Their Separate Electrical and Gas Meter. Property is Currently 100% Occupied with mo to mo.

  • December, 2014

  • Dec 23, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2006

  • Jul 17, 2006

    Date

    Sold (Public Records)

    Public Records

    $585,000

    Price

Show More

Tax History for 237 E 31St St

Assessed Value (2020): $585,300
Year Land Value Improved Value Assessed Value
2020 $355,100 $230,200 $585,300

Home Value Compared to the Market

This property vs the competition

237 E 31St St sold on September 23, 2021 for 31.25% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $645.97 per/sqft which puts the price per square foot 10.78% lower than the current median sale per square foot for the city of Los Angeles.

About 237 E 31St St

Detailed summary of property

237 E 31St St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 7 bedrooms, 4 bathrooms, roughly 1,192 living square feet, and sits on an approximately 6,253 square foot lot. 237 E 31St St was first listed on ArdentRealEstateGroup.com on June 2, 2021. The homeowner sold the property for $725,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 31.25% lower than the current median priced home. Local homes that are currently for sale include 1332 E 21st St, 242 W 46th St and 1251-1253 E 40th Pl. While the average home in Los Angeles, CA is selling in 106 days, 237 E 31St St has a days on market of 29 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 237 E 31St St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 237 E 31St St

Public county record property details
Beds
4
Baths
3
Year built
1893
Sq. Ft.
2,392
Lot Size
6,252
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
40
APN
5128-005-028

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$625,000
Median List Price/Sq.Ft.
$531
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
50
Median Sale to List Price %
102.61%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 237 E 31St St

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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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