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1240 S Muirfield Rd, Los Angeles, CA 90019
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1240 S Muirfield Rd Los Angeles, CA 90019

$1,295,000
  • 3 Beds
  • 3 Baths
  • 1,582 Sq.Ft.
For Sale
$1,295,000 Get Pre-Qualified
Map preview of 1240 S Muirfield Rd, Los Angeles, CA 90019

Property Overview: 1240 S Muirfield Rd Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,582 living square feet and 4,840 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: New roof has been installed! This is a perfect investment opportunity!! Welcome to 1240 Muirfield Ave, situated in Hancock Park- Mid City. It features 3 Units that can produce a substantial amount of rental income due to its location. All Three units are each 1 bedroom, one bathroom, with 3 Car Garages. All units are in good condition, painted all well-maintained. Centrally located, minutes away from The Beverly Center. Near restaurants, shopping centers, supermarkets, freeways, schools, museums, theaters, and most importantly it is less than a 10-20 min drive to DTLA and to the beaches. 2 additional ADUs may be built on the property, per Dept of Public & Safety. Property is part of a 4 units portfolio: 5144 W 21st St, Los Angeles, CA 90016, 2720 S Sycamore Ave, Los Angeles, CA 90016 & 1121 5th Ave, Los Angeles, CA 90019.

Listed by Alan Cruz | BRE #01518829 | Equity Smart Real Estate Services
Last checked: 12 minutes ago | Last updated: March 31st, 2024 | Source CRMLS | DOM: 132
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Home details

Lot Sq. Ft
4,840
HOA Dues
$0/mo
Year built
1922
Garage
3 Car
Property Type:
Triplex
Status
Active
MLS#
PW23230473
City
Los Angeles
County
Los Angeles
Time on Site
143 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $39,600
  • Net Operating Income: $36,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $1,000
  • Insurance: $5,000
  • Water/Sewer: $3,600

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Property Details for 1240 S Muirfield Rd

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5083013020
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Near San Vicente and Pico - between 12th street and Pico St
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1240 S Muirfield Rd

Last sold on October 3rd, 2003

  • December, 2023

  • Dec 27, 2023

    Date

    Active

    CRMLS: PW23230473

    $1,295,000

    Price

  • December, 2023

  • Dec 15, 2023

    Date

    Canceled

    CRMLS: PW23162471

    $1,295,000

    Price

  • Aug 30, 2023

    Date

    Active

    CRMLS: PW23162471

    $1,295,000

    Price

  • Listing provided courtesy of CRMLS

    This is a perfect investment opportunity!! Welcome to 1240 Muirfield Ave, situated in Hancock Park- Mid City. It features 3 Units that can produce a substantial amount of rental income due to its location. All Three units are each 1 bedroom, one bathroom, with 3 Car Garages. All units are in good condition, painted all well-maintained. Centrally located, minutes away from The Beverly Center. Near restaurants, shopping centers, supermarkets, freeways, schools, museums, theaters, and most importantly it is less than a 10-20 min drive to DTLA and to the beaches. 2 additional ADUs may be built on the property, per Dept of Public & Safety. Property is part of a 4 units portfolio: 5144 W 21st St, Los Angeles, CA 90016, 2720 S Sycamore Ave, Los Angeles, CA 90016 & 1121 5th Ave, Los Angeles, CA 90019.

  • August, 2023

  • Aug 12, 2023

    Date

    Expired

    CRMLS: PW23061891

    $1,295,000

    Price

  • Jun 8, 2023

    Date

    Active

    CRMLS: PW23061891

    $1,295,000

    Price

  • Listing provided courtesy of CRMLS

    This is a perfect investment opportunity!! Welcome to 1240 Muirfield Ave, situated in Hancock Park- Mid City. It features 3 Units that can produce a substantial amount of rental income due to its location. All Three units are each 1 bedroom, one bathroom, with 3 Car Garages. All units are in good condition, painted all well-maintained. Centrally located, minutes away from The Beverly Center. Near restaurants, shopping centers, supermarkets, freeways, schools, museums, theaters, and most importantly it is less than a 10-20 min drive to DTLA and to the beaches. 2 additional ADUs may be built on the property, per Dept of Public & Safety. Property is part of a 4 units portfolio: 5144 W 21st St, Los Angeles, CA 90016, 2720 S Sycamore Ave, Los Angeles, CA 90016 & 1121 5th Ave, Los Angeles, CA 90019.

  • February, 2023

  • Feb 6, 2023

    Date

    Canceled

    CRMLS: RS22246535

    $1,295,000

    Price

  • Nov 25, 2022

    Date

    Active

    CRMLS: RS22246535

    $1,295,000

    Price

  • Listing provided courtesy of CRMLS

    This is a perfect investment opportunity!! Welcome to 1240 Muirfield Ave, situated in Hancock Park- Mid City. It features 3 Units that can produce a substantial amount of rental income due to its location. All Three units are each 1 bedroom, one bathroom, with 3 Car Garages. All units are in good conditions, painted all well maintained. Centrally located, minutes away from The Beverly Center. Near restaurants, shopping centers, super markets, freeways, schools, museums, theaters, and most importantly it is less than a 10-20 min drive to DTLA and to the beaches. 2 additional ADUs may be built on property, per Dept of Public & Safety

  • October, 2009

  • Oct 15, 2009

    Date

    Expired

    CRMLS: 12123783

    $585,126

    Price

  • Apr 16, 2009

    Date

    Active

    CRMLS: 12123783

    $585,126

    Price

  • Listing provided courtesy of CRMLS

  • October, 2003

  • Oct 3, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1240 S Muirfield Rd

Assessed Value (2020): $154,550
Year Land Value Improved Value Assessed Value
2020 $108,195 $46,355 $154,550

Home Value Compared to the Market

This property vs the competition

1240 S Muirfield Rd is listed 3.6% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $818.58 per/sqft which puts the price per square foot 5.35% higher than the median price per square foot for the city of Los Angeles.

About 1240 S Muirfield Rd

Detailed summary of property

1240 S Muirfield Rd is a triplex located in Los Angeles, CA 90019 and is currently for sale. This triplex offers 3 bedrooms, 3 bathrooms, roughly 1,582 living square feet, and sits on an approximately 4,840 square foot lot. 1240 S Muirfield Rd was first listed on ArdentRealEstateGroup.com on December 27, 2023. The homeowner is currently asking $1,295,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 3.6% higher than the median priced home. Local competing homes currently for sale include 1637 S Highland Ave, 4723 Pickford St and 1504 S Mansfield Ave. While the average home in Los Angeles, CA is selling in 92 days, 1240 S Muirfield Rd has a days on market of 132 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1240 S Muirfield Rd Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1240 S Muirfield Rd

Public county record property details
Beds
3
Baths
3
Year built
1922
Sq. Ft.
1,582
Lot Size
4,840
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5083-013-020

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
70
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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Recently Sold Homes Near 1240 S Muirfield Rd

1249 S Muirfield Rd, Los Angeles, CA 90019
$760,000 Last Sold Price
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1249 S Muirfield Rd
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1251 S Muirfield Rd, Los Angeles, CA 90019
$2,350,000 Last Sold Price
8 Beds
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1251 S Muirfield Rd
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1255 S Muirfield Rd, Los Angeles, CA 90019
$980,000 Last Sold Price
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1255 S Muirfield Rd
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1259 S Muirfield Rd, Los Angeles, CA 90019
$1,075,000 Last Sold Price
4 Beds
14 Baths
2260 Sq.Ft.
1259 S Muirfield Rd
Los Angeles, CA 90019

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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