416 E 31st Street, Los Angeles, California 90011, Los Angeles, 90011 - 3 bed, 1 bath
ACTIVE$720,000$1,020/sqft
Est. Value: $469,811
-34%
AboveEstimate
416 E 31st Street, Los Angeles, California 90011
3Beds
1Bath
1,020Sqft
5,002Lot
Price Vs. Estimate
The estimated value ($469,810.62) is $250,189.38 (34%) lower than the list price ($720,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Central Location: Located minutes from Downtown LA, USC, Lucas Museum, and BMO Stadium, offering excellent access to cultural, entertainment, and transportation hubs.
Top Cons:
Limited Bathroom Count: With only one full bathroom for three bedrooms, this property may not meet the needs of larger families or those desiring more modern conveniences.
Compared to the nearby listings
Price:$720.0K vs avg $572.5K (+$147,500)94%
Size:1,020 sqft vs avg 1,138.5 sqft31%
Price/sqft:$706 vs avg $52384%
More Insights
Built in 1906 (120 years old).
Condition: Built in 1906, this property is well over 20 years old. While the images suggest it is maintained and livable, the interior features such as lighting fixtures, tile flooring, and bifold closet doors appear dated. Crucially, there are no images or descriptions of the kitchen or bathroom, which strongly implies these key areas are original or have not been updated in a significant period (likely 15-30+ years ago), and would require substantial renovation to meet current standards. The property is functional but shows clear signs of being outdated, aligning with the 'fair' condition criteria.
Year Built
1906
Close
-
List price
$720K
Original List price
$720K
Price/Sqft
$706
HOA
-
Days on market
-
Sold On
-
MLS number
DW25098729
Home ConditionFair
Features
Patio
View-
About this home
Charming 3-Bedroom Home with Bonus Room & Spacious Backyard – Prime Location Near Downtown LA Welcome to this delightful single-family residence offering 3 bedrooms, 1 full bathroom, and a versatile bonus Encore room—perfect for a home office, playroom, or guest space. Nestled in a vibrant neighborhood near Downtown Los Angeles, this home combines comfort, convenience, and potential. Enjoy outdoor living in the expansive backyard, ideal for large family gatherings. The covered patio offers shade and relaxation, surrounded by mature fruit trees that bring both beauty and bounty. Located just minutes from USC, the Lucas Museum of Narrative Art, BMO Stadium, and other iconic LA landmarks, this home offers easy access to culture, entertainment, and transportation. Don’t miss this opportunity to own a centrally located gem with space to grow!
F
Fidel Ruiz
Listing Agent
Nearby schools
5/10
Dolores Huerta Elementary School
Public,•K-5•0.1mi
/10
Maple Primary Center
Public,•K-1•0.3mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.4mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.5mi
3/10
Trinity Street Elementary School
Public,•K-5•0.5mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•0.6mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.8mi
2/10
Harmony Elementary School
Public,•K-5•0.9mi
5/10
San Pedro Street Elementary School
Public,•K-5•0.9mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.0mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•1.2mi
4/10
Norwood Street Elementary School
Public,•K-5•1.3mi
4/10
Nevin Avenue Elementary School
Public,•K-5•1.3mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•1.3mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.4mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.5mi
2/10
John W. Mack Elementary School
Public,•K-5•1.6mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.7mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•1.9mi
4/10
John Adams Middle School
Public,•6-8•0.4mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•0.5mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•1.1mi
3/10
George Washington Carver Middle School
Public,•6-8•1.2mi
2/10
John Muir Middle School
Public,•6-8•2.6mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.7mi
5/10
Santee Education Complex
Public,•9-12•0.7mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.1mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.1mi
3/10
Manual Arts Senior High School
Public,•9-12•1.6mi
4/10
West Adams Preparatory High School
Public,•9-12•1.9mi
Price History
Date
Event
Price
03/13/98
Sold
$80,000
09/30/11
Sold
$186,000
06/26/07
Sold
$405,000
Condition Rating
Fair
Built in 1906, this property is well over 20 years old. While the images suggest it is maintained and livable, the interior features such as lighting fixtures, tile flooring, and bifold closet doors appear dated. Crucially, there are no images or descriptions of the kitchen or bathroom, which strongly implies these key areas are original or have not been updated in a significant period (likely 15-30+ years ago), and would require substantial renovation to meet current standards. The property is functional but shows clear signs of being outdated, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Prime Central Location: Located minutes from Downtown LA, USC, Lucas Museum, and BMO Stadium, offering excellent access to cultural, entertainment, and transportation hubs.
Versatile Bonus Room: Includes an 'Encore room' providing flexible space for a home office, playroom, or guest accommodations, adding significant utility.
Expansive Outdoor Living Space: Features a spacious backyard with a covered patio and mature fruit trees, ideal for entertaining and outdoor enjoyment.
Potential for Value Addition: The generous lot size (5002 sqft) and the 'space to grow' mentioned in the description suggest opportunities for expansion or an Accessory Dwelling Unit (ADU), common in this area.
Historic Charm: As a 1906-built home, it likely possesses architectural character and charm that appeals to buyers seeking a property with history and unique features.
Cons
Limited Bathroom Count: With only one full bathroom for three bedrooms, this property may not meet the needs of larger families or those desiring more modern conveniences.
Potential Overpricing: The current list price of $720,000 appears significantly higher than the property's estimated value ($469,810.62) and recent comparable sales, especially given the lack of explicit recent renovations.
Age-Related Maintenance/Updates: Built in 1906, the property likely requires substantial investment in updating major systems (e.g., plumbing, electrical, HVAC) and general modernization to meet contemporary standards, as no recent remodels are highlighted.