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1255 S Muirfield Rd, Los Angeles, CA 90019
Image 2 for 1255 S Muirfield Rd, Los Angeles, CA 90019
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1255 S Muirfield Rd Los Angeles, CA 90019

$980,000 Sold Price as of 06/10/2021
  • 4 Beds
  • 4 Baths
  • 2,260 Sq.Ft.
Sold
$980,000 Sold Price as of 06/10/2021 Refinance Your Mortgage
Map preview of 1255 S Muirfield Rd, Los Angeles, CA 90019

Property Overview: 1255 S Muirfield Rd Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,260 living square feet and 4,961 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Wonderful investment opportunity at this beautiful 4-unit property. 1920's Spanish Style building with charming classic details. Upgrades include windows, plumbing and electrical. Situated on an approx. 5,000 square foot lot and is also centrally located walking distance from shopping centers, restaurants, and nightlife. Huge upside in rental income. This is a great chance to invest in an amazing property in the red hot Mid-City area! Buyers to Verify any and all Upgrades and Due Diligence Items

Listed by Victor Ahn | BRE #01911997 | Coldwell Banker Realty
Last checked: 14 minutes ago | Last updated: April 1st, 2023 | Source CRMLS | DOM: 76

Home details

Lot Sq. Ft
4,961
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC21046112
City
Los Angeles
County
Los Angeles
Time on Site
1157 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $731
  • Total Rent: $731
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $819
  • Total Rent: $819
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $685
  • Total Rent: $685
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $48,420
  • Net Operating Income: $33,894
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $14,526
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1255 S Muirfield Rd

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
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: 4
  • Parcel Number: 5083031022
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Other
Location / Neighborhood
Location Information
  • Directions: Mid Wilshire
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1255 S Muirfield Rd

Last sold for $980,000 on June 10th, 2021

  • June, 2021

  • Jun 23, 2021

    Date

    Withdrawn

    CRMLS: OC21012029

    $1,999,999

    Price

  • Jun 3, 2021

    Date

    Pending

    CRMLS: OC21012029

    $1,999,999

    Price

  • Mar 5, 2021

    Date

    Withdrawn

    CRMLS: OC21012029

    $1,999,999

    Price

  • Jan 19, 2021

    Date

    Active

    CRMLS: OC21012029

    $1,999,999

    Price

  • Listing provided courtesy of CRMLS

    Wonderful investment opportunity at this beautiful 8-unit property. 1920's Spanish Style building with charming classic details. Upgrades include windows, plumbing and electrical. Situated on an approx. 10,000 square foot lot and is also centrally located walking distance from shopping centers, restaurants, and nightlife. Huge upside in rental income with the ability to build two additional ADU's. This is a great chance to invest in two amazing properties side by side in the red hot Mid-City area! There is over 35% in upside for the rental income.

  • June, 2021

  • Jun 14, 2021

    Date

    Sold

    CRMLS: OC21046112

    $980,000

    Price

  • Jun 3, 2021

    Date

    Pending

    CRMLS: OC21046112

    $999,999

    Price

  • Mar 5, 2021

    Date

    Active

    CRMLS: OC21046112

    $999,999

    Price

  • September, 2019

  • Sep 11, 2019

    Date

    Sold

    CRMLS: 19434282

    $799,000

    Price

  • May 11, 2019

    Date

    Pending

    CRMLS: 19434282

    $799,000

    Price

  • Feb 18, 2019

    Date

    Active

    CRMLS: 19434282

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    Wonderful income property opportunity in the desirable Mid-Wilshire area. This classic 1920's Spanish four-plex sits on a lovely street and consists of four 1 bedroom/1 bath units. All units are individually metered with their own water heater. Close to public transportation, great walkable area, close to Midtown Shopping Plaza, parks, restaurants and schools. This property has amazing potential for anyone searching for a great investment!

  • September, 2019

  • Sep 9, 2019

    Date

    Sold (Public Records)

    Public Records

    $799,000

    Price

  • December, 2016

  • Dec 14, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1255 S Muirfield Rd

Assessed Value (2020): $799,400
Year Land Value Improved Value Assessed Value
2020 $749,000 $50,400 $799,400

Home Value Compared to the Market

This property vs the competition

1255 S Muirfield Rd sold on June 10, 2021 for 15.97% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $442.48 per/sqft which puts the price per square foot 41.39% lower than the current median sale per square foot for the city of Los Angeles.

About 1255 S Muirfield Rd

Detailed summary of property

1255 S Muirfield Rd is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,260 living square feet, and sits on an approximately 4,961 square foot lot. 1255 S Muirfield Rd was first listed on ArdentRealEstateGroup.com on March 5, 2021. The homeowner sold the property for $980,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 15.97% lower than the current median priced home. Local homes that are currently for sale include 2049 S Burnside Ave, 2824-2826 West View St and 3721 Exposition Blvd. While the average home in Los Angeles, CA is selling in 94 days, 1255 S Muirfield Rd has a days on market of 76 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1255 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 1255 S Muirfield Rd

Public county record property details
Beds
4
Baths
4
Year built
1928
Sq. Ft.
2,260
Lot Size
4,960
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5083-031-022

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
$1,675,000
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
66
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%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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