403 E 131st, Los Angeles, California 90061, Los Angeles, 90061 - bed, bath
403 E 131st
Los Angeles, California 90061
Property Price
SUMMARY
Analysis of 403 E 131st, Los Angeles, California 90061 is currently available with a list price of $1,025,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property is a 2025 comprehensive remodel and new construction featuring all-new kitchens with modern cabinetry and quartz countertops, updated bathrooms with contemporary tiling, new HVAC, 10-foot ceilings, and new flooring throughout. All components are virtually new, meeting the highest quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Multi-Unit Layout
The property features two newly remodeled units with a flexible 5-bedroom configuration in the main house and potential for a Junior ADU, making it ideal for multi-generational living or high-yield rental income.
- Modern Turn-Key Upgrades
Boasting a 2025 comprehensive remodel, the home includes 10-foot ceilings, new HVAC, modern kitchens, and updated flooring, offering a contemporary living experience with no immediate capital expenditures required.
- Extensive Parking and Security
A rare find in Los Angeles, the property includes a newly concreted driveway capable of parking over 10 vehicles, fully secured by iron fencing for enhanced privacy and utility.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2330, other record living area = 980.
- Pending Regulatory Approvals
With the Certificate of Occupancy still pending, buyers may face potential delays in the final closing process or specific financing hurdles until all municipal inspections are officially cleared.
- Market Pricing Sensitivity
The recent price reduction from the original list price suggests the property is positioned at the higher end of the local market, which may require aggressive negotiation or specific buyer profiles.
About 403 E 131st
Newly Constructed and remodeled 2 units 2025, Final inspection done and C O's Coming soon . Has a unit 2 bed 1.5 Bath and Bigger Unit has 5 rooms and 2 bath that can function different ways as 5 Bed 2 Bath or 4 and 2 and 2 and 1 !/2 or 3 bed 1 1/2 and /or owner occupied easily have 2 units plus another jr ADU. Ideal for multi-generational families. All new,Windows,Kitchen,Flooring,AC. All bedrooms are large and aery, 10 foot ceilings. New concreted Driveway that CAN PARK 10 plus CARS ,Iron Fencing Ideal for Multi-generational families. Bring all offers!.... Down Payment assistance programs ,FHA,VA, Closing Costs Assistance Easy access to 105 and 710 Freeways. Open House SAT n SUN
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1950
- Lot Size
- 6,240 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,330 | 2,220 | 67% |
| Lot Size | 6,240 | 6,025 | 78% |
| Price | $1.02M | $750.0K | 89% |
| Price per sq ft | $440 | $388 | 89% |
| Built year | 1950 | 1925 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 106 | 202 | 11% |
Pricing History
Listed for Sale
Jan 24, 2026
$1,025,000
$1,059,000
-3% Price Drop
Initial Listing
Price Change
Nov 20, 2025
$1,059,000
Initial Listing
Sold
Jul 26, 2019
$300,000
Public Record