201 E 31st
Los Angeles, CA, 90011
$1,400,000
MLS: TR26213551
Beds
—
Baths
—
Sq Ft
3,736
Lot
0.14 ac
Year Built
1916
MLS #
TR26213551
Days on Market
9
Listed
Oct 5, 2026
Description
Excellent opportunity to own a four-unit residential income property in a convenient Los Angeles location. Situated on a spacious 6,280 sq. ft. lot with approximately 3,736 sq. ft. of living space, the property offers ample parking and numerous recent upgrades throughout. All electrical panel boards, including interior and exterior panels, are brand new, along with new electrical outlets throughout all units. Each unit features brand-new flooring and interior paint, while the bathrooms have been updated with new sinks, toilets, and mirrors. The stairway has been upgraded with new flooring, and all units feature brand-new A/C systems. Separate washer and dryer units are provided for each unit, with the exception of Unit 205. Conveniently located near the 10 and 110 Freeways, the property offers easy access to USC, Exposition Park, Downtown Los Angeles, the Fashion District, LA LIVE, restaurants, shopping, and entertainment. With its four-unit configuration, substantial lot size, ample parking, extensive upgrades, and desirable central location, this property offers an excellent opportunity for investors seeking a well-positioned Los Angeles income property.
Location
Los Angeles, Los Angeles County, CA 90011
Open on Google Maps ↗Listed by: James Quach · Keller Williams Riverside
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$11,007
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $140,000 · Loan: $1,260,000
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,724
- Property tax (1.25%)
- $1,458
- Homeowners insurance
- $300
- Mortgage insurance
- $525
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $49,000 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.
★#1 Producing Individual Realtor, Antelope Valley
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