Under ContractSingleFamilyResidence

116 W Avenue 31

Los Angeles, CA, 90031

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$799,000

MLS: 26666759

Beds

2

Baths

1

Sq Ft

1,367

Lot

0.11 ac

Year Built

1910

MLS #

26666759

Days on Market

33

Listed

Mar 19, 2026

Description

A beautifully preserved piece of Los Angeles history, this charming Craftsman offers 2 bedrooms, 1 bath, plus a cozy office nook, the layout is both functional and full of personality. A dedicated laundry room and large pantry add everyday ease, while the gorgeous dining room steals the show with original built-ins, decorative glass cabinets, and classic wainscoting. Warm hardwood floors run throughout, while sunlight pours through vintage windows, highlighting the home's architectural details and creating an inviting, lived-in warmth that's hard to replicate. The living room is anchored by an incredible fireplace and rich beamed ceilings, adding depth, texture, and a true sense of home. Outside, a spacious pergola sets the scene for effortless outdoor dining, lounging, and entertaining. Carefully preserved over time it's spacious, soulful, and offers the perfect opportunity for someone to bring a little vision and make it truly sing. Perched in one of Los Angeles' most centrally located and evolving neighborhoods, Lincoln Heights, the home enjoys peek-a-boo views of the Hollywood Sign a subtle reminder of just how close you are to the heart of it all. You're just minutes to the Metro, making DTLA, Pasadena, Highland Park, and Mount Washington incredibly accessible. Local favorites like Moo's Craft Barbecue, Mazel, Zizou, and Terra Mia are right nearby, along with all the energy, culture, and creativity that define NELA living. A true Craftsman gem in one of L.A.'s most exciting pockets.

Location

Los Angeles, Los Angeles County, CA 90031

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Listed by: Joy Bolger · Compass

Payment estimate

$5,850

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $79,900 · Loan: $719,100

%
Principal & Interest
$4,418
Property tax (1.25%)
$832
Homeowners insurance
$300
Mortgage insurance
$300
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $27,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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