New Construction Multifamily
For Sale
$1,995,000
423 E 31st St, Los Angeles, CA 90011
Located near Downtown LA with access to freeways, public transportation, shopping, and dining.
Property Size5,931 SF
Days on Market120
Property Features for 423 E 31st St
General Information
Standard status
Active
Size
5,931 SF
Property subtype
MULTI_FAMILY
Additional Details
Public Transit
Yes
Building Details
Building Size
5,931 SF
Year Built
2026
Listing Agency:
The Davidi Company
Listed By:
Isaac Davidi · License #01819489
Source:
Milsteinestates
Added: May 12
Changed: Aug 31
Last Checked: Sep 8 at 9:32AM
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 The Davidi Company
Investment Insights
Based on property information with market context.
This multifamily property is scheduled for completion in 2026 and features a contemporary design with thoughtfully configured units. The asset is positioned as an income-producing property with a stated 7.50% pro forma cap rate and finishes intended for low-maintenance ownership.
Located on E 31st St in Los Angeles, the property is near Downtown LA, major freeways, public transportation, shopping, and dining. Its urban setting places multiple daily-use amenities and transportation options within the surrounding area.
Located on E 31st St in Los Angeles, the property is near Downtown LA, major freeways, public transportation, shopping, and dining. Its urban setting places multiple daily-use amenities and transportation options within the surrounding area.
Key Highlights
- 2026 construction year
- 7.50% pro forma cap rate
- Multifamily income property on E 31st St
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,657
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Located near Downtown LA with access to freeways, public transportation, shopping, and dining.
Where is this multifamily property located?
The property is located at 423 E 31st St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 2026 construction year; 7.50% pro forma cap rate; Multifamily income property on E 31st St
