1266 S Muirfield Rd, Los Angeles, CA 90019
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1266 S Muirfield Rd Los Angeles, CA 90019

$875,000 Sold Price as of 05/12/2023
  • 10 Beds
  • 10 Baths
  • 2,370 Sq.Ft.
Sold
$875,000 Sold Price as of 05/12/2023 Refinance Your Mortgage

Map preview of 1266 S Muirfield Rd, Los Angeles, CA 90019

Property Overview: 1266 S Muirfield Rd Los Angeles, CA has 10 bedrooms, 10 bathrooms, 2,370 living square feet and 5,821 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well-maintained building in a desirable rental location near Hancock park. This property is a great opportunity for an investor due to its huge upside rental potential. This Four-Plex sits on Approx. 5821 FT lot that consists of four large 1 Bedroom / 1 Bath Units. The property has approx. 10 parking spaces which makes it very convenient. Close to public transportation, close to Many Shopping plazas, parks, restaurants, and schools.

Listed by Shahram Shamounpour | BRE #02122389 | Keller Williams Realty Westside
Last checked: 1 minute ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 34

Home details

Lot Sq. Ft
5,821
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23250433
City
Los Angeles
County
Los Angeles
Time on Site
406 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 7.5
  • Gross Scheduled Income: --
  • Net Operating Income: $78,000
  • Gross Operating Income: $116,400
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1266 S Muirfield Rd

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Concrete, Unassigned, Tandem Garage
Property Information
  • Total # of Units: 4
  • Parcel Number: 5083031017
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: West Pico and San Vicente Blvd.
View more facts & features

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Sale History for 1266 S Muirfield Rd

Last sold for $875,000 on May 12th, 2023
  • May, 2023

  • May 12, 2023

    Date

    Sold

    CRMLS: 23250433

    $875,000

    Price

  • Mar 14, 2023

    Date

    Active

    CRMLS: 23250433

    $900,000

    Price

  • October, 2019

  • Oct 1, 2019

    Date

    Expired

    CRMLS: 19477946

    $849,888

    Price

  • Sep 6, 2019

    Date

    Price Change

    CRMLS: 19477946

    $849,888

    Price

  • Jul 21, 2019

    Date

    Price Change

    CRMLS: 19477946

    $849,800

    Price

  • Jun 14, 2019

    Date

    Active

    CRMLS: 19477946

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location!!!!! Amazing opportunity to invest in an income property in the most desirable Wilshire area. This 1950 Four-Plex sits on over 5800 FT lot that consist of four 1 Bedroom / 1 Bath Units. Don't worry about parking, There are 10 Parking spots in the property. Huge Upside ( 40%-60 ). True Value Add!!! Close to public transportation, Great walkable area, close to Midtown Shopping Plaza, parks, restaurants and schools.

  • December, 2016

  • Dec 2, 2016

    Date

    Sold (Public Records)

    Public Records

    $695,000

    Price

Show More

Tax History for 1266 S Muirfield Rd

Assessed Value (2020): $737,539
Year Land Value Improved Value Assessed Value
2020 $424,483 $313,056 $737,539

Home Value Compared to the Market

This property vs the competition

1266 S Muirfield Rd sold on May 12, 2023 for 14.29% lower than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $379.75 per/sqft which puts the price per square foot 48.54% lower than the current median sale per square foot for the city of Los Angeles.

About 1266 S Muirfield Rd

Detailed summary of property

1266 S Muirfield Rd is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 10 bedrooms, 10 bathrooms, roughly 2,370 living square feet, and sits on an approximately 5,821 square foot lot. 1266 S Muirfield Rd was first listed on ArdentRealEstateGroup.com on March 14, 2023. The homeowner sold the property for $875,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 14.29% lower than the current median priced home. Local homes that are currently for sale include 3721 Exposition Blvd, 3417 4th Ave and 2701 S Cloverdale Ave. While the average home in Los Angeles, CA is selling in 96 days, 1266 S Muirfield Rd has a days on market of 34 days. There are currently 3431 homes for sale in the Los Angeles real estate market and 2328 of them are single family homes while 1008 of them are condos and 90 are townhomes. For more information on this home for sale at 1266 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 1266 S Muirfield Rd

Public county record property details
Beds
4
Baths
4
Year built
1950
Sq. Ft.
2,370
Lot Size
5,821
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5083-031-017

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
$1,310,000
Median Sold Price/Sq.Ft.
$676
Total Inventory
58
Median Sale to List Price %
93.57%
Avg Days on Market
38
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (23.08%), Other (15.38%)

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Related Resources to 1266 S Muirfield Rd

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.