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The 505 apartments in Los Angeles, CA

Updated

The 505

505 W 31st St, Los Angeles, CA 90007

4.8 (176 reviews) Official Website

Live pricing, refreshed

7
Units Listed
$1,250
Starting at
$1,907
Average
$2,650
Highest
$1.82
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Los Angeles, CA rent trends

Beds

Pricing by Bedroom

1 Bed
$1,800
from $1,800 · 1 units
~705 sqft avg
3 Bed
$1,875
from $1,250 · 2 units
~1,019 sqft avg
4 Bed
$1,913
from $1,275 · 2 units
~1,144 sqft avg
5 Bed
$1,988
from $1,325 · 2 units
~1,151 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (10)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$114K

$1.4M annual run rate

Modeled estimate

Est. Occupancy

88%

of about 60 units (modeled from leasing activity)

Effective Rent on New Leases

$2,142

vs $1,907 current asking

Recent Lease Activity

10 units tracked; 3 assumed leased, 7 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

7

Moderate availability

0 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Los Angeles, CA

Citywide

Showing citywide comparison (not enough Los Angeles, CA properties tagged with "South Los Angeles" for a local match). Click any bar to view that building.

Available Units

7 units
3 Bed
$1,250/mo
1,019 ft² · $1.23/ft\u00B2 · #3
4 Bed
$1,275/mo
1,144 ft² · $1.11/ft\u00B2 · #5
5 Bed
$1,325/mo
1,151 ft² · $1.15/ft\u00B2 · #7
1 Bed
$1,800/mo
705 ft² · $2.55/ft\u00B2 · #1
3 Bed
$2,500/mo
1,019 ft² · $2.45/ft\u00B2 · #2
4 Bed
$2,550/mo
1,144 ft² · $2.23/ft\u00B2 · #4
5 Bed
$2,650/mo
1,151 ft² · $2.30/ft\u00B2 · #6

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Los Angeles, CA notes

No resident notes for this property yet.

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