1240 S Muirfield Rd Los Angeles, CA 90019
Miracle Mile NeighborhoodEstimated payment $7,067/month
Total Views
132,132
3
Beds
3
Baths
1,582
Sq Ft
$819
Price per Sq Ft
Highlights
- Paved or Partially Paved Lot
- 1-Story Property
- 1-minute walk to Queen Anne Recreation Center
About This Home
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.
Last Listed By
Equity Smart Real Estate Services Brokerage Phone: 661-932-5117 License #01518829 Listed on: 02/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,345
Year Built
- Built in 1922
Lot Details
- 4,840 Sq Ft Lot
- Two or More Common Walls
- Paved or Partially Paved Lot
- Level Lot
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
Home Design
- Triplex
Interior Spaces
- 1,582 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 18 / 6
- Tax Tract Number 4139
- Assessor Parcel Number 5083013020
Community Details
Overview
- 3 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Gardener Expense $600
- Insurance Expense $1,679
- Water Sewer Expense $1,293
- Operating Expense $6,237
- Gross Income $44,268
- Net Operating Income $42,268
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,345 | $165,705 | $116,005 | $49,700 |
| 2023 | $2,310 | $162,457 | $113,731 | $48,726 |
| 2022 | $2,217 | $159,272 | $111,501 | $47,771 |
| 2021 | $2,180 | $1,236,680 | $927,510 | $309,170 |
| 2020 | $2,198 | $154,550 | $108,195 | $46,355 |
| 2019 | $2,123 | $151,521 | $106,074 | $45,447 |
| 2018 | $2,028 | $148,551 | $103,995 | $44,556 |
| 2016 | $1,930 | $142,784 | $99,957 | $42,827 |
| 2015 | $1,905 | $140,640 | $98,456 | $42,184 |
| 2014 | $1,933 | $137,886 | $96,528 | $41,358 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/20/2025 02/20/25 | For Sale | $1,295,000 | 0.0% | $819 / Sq Ft |
| 02/18/2025 02/18/25 | For Sale | $1,295,000 | -- | $819 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $209,765 | New Conventional | |
| Previous Owner | $245,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25035035
APN: 5083-013-020
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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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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