Triplex Income Property
For Sale
Contact for pricing
Pending
237 East 31st Street, Los Angeles, CA 90011
Triplex with three units, including two one-bedroom units and one four-bedroom unit, on a zoned lot with parking.
Lot Size0.14 Acres
Days on Market110
Property Features for 237 East 31st Street
General Information
Standard status
Pending
Lot size
0.14 Acres
Property subtype
Multifamily
Zoning
RD 1.5
Occupancy
100%
Additional Details
Multifamily Units
3
Building Details
Tenancy
Multi
Listing Agency:
Newmark
(213) 503-0606
Listed By:
Brent Koo · License #01915382
Source:
Crexi
Added: Apr 12
Changed: Jul 23
Last Checked: Jul 30 at 2:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark
Investment Insights
Based on property information with market context.
This triplex income property includes two structures totaling three units on a 6,253 square foot RD 1.5 zoned lot. One structure has two one-bedroom, one-bathroom units, while the other structure features one four-bedroom, two-bathroom unit. The property also offers convenient parking spaces for residents.
Located within one mile of USC and about two miles from Downtown Los Angeles, the site benefits from its proximity to major employment and activity centers in the area.
The property is fully occupied as presented and is being marketed as having renovation upside as units become vacant. Updates to individual units may allow the owner to improve operating performance over time.
Located within one mile of USC and about two miles from Downtown Los Angeles, the site benefits from its proximity to major employment and activity centers in the area.
The property is fully occupied as presented and is being marketed as having renovation upside as units become vacant. Updates to individual units may allow the owner to improve operating performance over time.
Key Highlights
- Two‑building triplex with 3 units total: two 1‑bedroom/1‑bath units and one 4‑bedroom/2‑bath unit
- Located on a 6,253 SF RD 1.5 zoned lot with convenient parking spaces
- Property is fully occupied (triplex income property)
Property Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,923
Businesses Nearby
Explore this area
Business Placement
Demographics for 90011, CA
102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex with three units, including two one-bedroom units and one four-bedroom unit, on a zoned lot with parking.
Where is this triplex located?
The property is located at 237 East 31st Street Los Angeles, CA.
What are key features of this property?
This property features: Two‑building triplex with 3 units total: two 1‑bedroom/1‑bath units and one 4‑bedroom/2‑bath unit; Located on a 6,253 SF RD 1.5 zoned lot with convenient parking spaces; Property is fully occupied (triplex income property)
