416 E 31st Street
Los Angeles, CA, 90011
$720,000
MLS: DW26076724
Beds
3
Baths
1
Sq Ft
1,020
Lot
0.11 ac
Year Built
1906
MLS #
DW26076724
Days on Market
4
Listed
Apr 13, 2026
Description
AMANZING OPPORTUNITY TO OWN IN THE CITY OF LOS ANGELES. LARGE HOME THAT OFFERS 3 BEDROOM, ONE BATH, SPACIOUS LIVING ROOM, FORMAL DINING ROOM AREA. THIS PROPERTY IS GOOD FOR FIRST TIME HOME BUYER OR INVESTOR. EXCELLENT OPPORTUNITY TO BUILD ADU DEVELOPMENT OPPORTUNITY, ZONED LARD1.5. ENJOY THE OUTDOORS IN YOUR FENCED IN BACKYARD WITH COVERED PATIO IS PERFECT FOR ENTERTAINENG OR HOSTING BBQ GATHERING. ENDLESS POSSIBILITIES FOR ADDING MORE LIVING SPACE. AVOCADO TREE THAT PROVIDES EXTRA SHADE AND AVOCADOS ALL YEAR LONG. GOOD LOCATION WITH 10 FWY AND 110 FWY NEARBY. AND WITHIN MINUTES TO USC, DOWNTOWN LA, FASHION DISTRICT, RESTAURANTS & SHOPS. SOLD AS IS CONDITION.
Location
Los Angeles, Los Angeles County, CA 90011
Open on Google Maps ↗Listed by: Mercy Monroy · Excellence RE Real Estate, Inc.
Payment estimate
$5,301
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $72,000 · Loan: $648,000
- Principal & Interest
- $3,981
- Property tax (1.25%)
- $750
- Homeowners insurance
- $300
- Mortgage insurance
- $270
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 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 $25,200 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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