134 E 31st St, Los Angeles, CA 90011

Property Description

3 BEDROOM 2 BATH UNIT VACANT AT COE, offering a new owner the opportunity to OWNER OCCUPY the unit or lease it while benefiting from income generated by the remaining units. Including the pro forma rent for the vacant 3-bedroom unit, the property generates just under $7,000 in monthly rental income. 134 E 31st Street is a 4-unit multifamily opportunity featuring a unit mix of (1) 3+2, (2) 2+1, and (1) 1+1. The remaining units are occupied by long-term tenants, providing dependable in-place income and stability from day one. This creates an attractive balance of reliable current cash flow, immediate lease-up potential, and long-term rental upside as units turn over over time. Located just east of USC and Exposition Park, the property benefits from proximity to Downtown Los Angeles, major employment centers, transit, the LA Memorial Coliseum, BMO Stadium, the California Science Center, and other major destinations. Its central location, established tenancy, and immediate vacancy make 134 E 31st Street a compelling opportunity for both investors and owner-users seeking long-term value in Los Angeles.