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
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License #01518829
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Equity Smart Real Estate Services
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661-932-5117
Last updated January 13, 2025
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Source: CRMLS #PW24170038
Listing Facts
TypeMulti-family
NeighborhoodMid - Wilshire
Days on Prevu387
Amenities
Parking
Location
Mortgage Calculator
Listing History
09/17/2024
Status changed to Active
$1,295,000
09/17/2024
Status changed to Removed from Feed
$1,295,000
08/16/2024
Listed by Equity Smart Real Estate Services
$1,295,000
Property Details for 1240 S Muirfield Road
Association
Amenities
Community Features: Urban
Exterior
Construction
Number Of Units Total: 3
Property Attached: Yes
Stories Total: 1
Year Built: 1922
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: South Muirfield Rd
Measurements
Building Area Total: 1,582
Building Area Units: Square Feet
Lot Features: 0-1 Unit/Acre
Lot Size Acres: 0.11
Lot Size Area: 4,840
Lot Size Source: Assessor
Lot Size Square Feet: 4,840
Lot Size Units: Square Feet
Financial
Residential Income
Operating Expense: $3,000.00
Taxes
Parcel Number: 5083013020
Other
Location
Tax Block: 6
Tax Lot: 18
Parking
Parking
Garage Spaces: 3
Garage: Yes
Parking Total: 3
Utilities
Equipment
Sewer: Public Sewer
Water Source: Public
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.