NOT LISTED FOR SALE

1255 S Muirfield Rd Unit A-D Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,014,000 - $1,176,000

4 Beds
4 Baths
2,260 Sq Ft
$482/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $980,000 $434 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,783/month

76 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 2-minute walk to Queen Anne Recreation Center
  • Queen Anne Place Elementary Rated 9+

About This Home

As of June 2021

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

Last Agent to Sell the Property

Victor Ahn

First Team Real Estate License #01911997 Listed on: 03/05/2021

First Team Real Estate

Last Buyer's Agent

Claudia Ilcken

Epique Realty License #01700577

Epique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,886

Year Built

  • Built in 1928

Lot Details

  • 4,961 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,260 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 2 / 2
  • Tax Tract Number 4139
  • Assessor Parcel Number 5083031022

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Operating Expense $14,526
  • Gross Income $48,420
  • Net Operating Income $33,894

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,886

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5083031022
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 433.63

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4961.00
  • Lot Size Acres: 0.1139

Multi Family

  • Gross Income: 48420.00
  • Gross Scheduled Income: 48420.00
  • Lot Size Area: 4961.0000 Square Feet
  • Net Operating Income: 33894.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 14526.00
  • Rent Control: Yes
  • Total Expenses: 14526.00

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 2128.00
  • Tax Lot: 2
  • Tax Tract Number: 4139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2019
Sold by
Silbert Jennifer
Bought by
Oneil Dunne Aengus
Current Estimated Value
$1,088,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,750
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2019
Sold by
Zamfir Dorel
Bought by
Oneil Dunne Aengus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,750
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2012
Sold by
Zamfir Dorel
Bought by
Zamfir Dorel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2010
Sold by
Federal National Mortgage Association
Bought by
Zamfir Dorel

Purchase Details

Closed on
Apr 29, 2009
Sold by
Ahn Jennifer
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 22, 2006
Sold by
Tristar Funding Corp
Bought by
Ahn Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2006
Sold by
Choi Samuel
Bought by
Tristar Funding Group Inc

Purchase Details

Closed on
Feb 27, 2004
Sold by
Kang Stephen
Bought by
Choe Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,750
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2000
Sold by
Chiang June S F and Chiang Chi Kuen
Bought by
Kang Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,443
Interest Rate
7%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oneil Dunne Aengus -- First American Title
Oneil Dunne Aengus $799,000 First American Title
Zamfir Dorel -- Calcounties Title Nation
Zamfir Dorel $360,000 Lsi Title Agency
Federal National Mortgage Association $767,805 Accommodation
Ahn Jennifer $900,000 Alliance Title
Tristar Funding Group Inc -- Accommodation
Choe Samuel $675,000 Chicago Title Insurance Co
Kang Stephen -- Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oneil Dunne Aengus $606,750
Previous Owner Zamfir Dorel $185,000
Previous Owner Ahn Jennifer $720,000
Previous Owner Choe Samuel $519,750
Previous Owner Kang Stephen $382,443
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2021 06/10/21 Sold $980,000 -2.0% $434 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $999,999 -- $442 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2025 $12,886 $1,060,781 $844,296 $216,485
2024 $12,886 $1,039,983 $827,742 $212,241
2023 $12,642 $1,019,592 $811,512 $208,080
2022 $12,062 $999,600 $795,600 $204,000
2021 $9,879 $807,277 $756,759 $50,518
2020 $9,978 $799,400 $749,000 $50,400
2019 $5,281 $416,966 $231,425 $185,541
2018 $5,208 $408,799 $226,888 $181,911
2017 $5,101 $400,392 $222,440 $177,952
2016 $4,969 $392,542 $218,079 $174,463
2015 $4,899 $386,647 $214,804 $171,843
2014 $4,942 $379,074 $210,597 $168,477
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    Victor Ahn

    First Team Real Estate

    Section Image

  • C

    Buyer's Agent in 2021

    Claudia Ilcken

    Epique Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21046112

California Regional Multiple Listing Service (CRMLS)

APN: 5083-031-022

California Los Angeles County Los Angeles 90019 Miracle Mile

1255 S Muirfield Rd Unit A-D, Los Angeles, CA

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