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Buy a multi-family propertyat 1240 S Muirfield Road, Los Angeles, CA 90019

$1,295,000

$0/mo

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Multifamily

4,840 Sq. Ft. lot

0 Bathrooms

324 Days on market

PW23061891 MLS ID

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About 1240 S Muirfield Road multi-family property

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.
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.

Property details

House

1 total stories

Built in 1922

1582 total building sqft

2+ Common Walls

Community

Urban

Expenses

Insurance Expense: $5,000

Operating Expense: $3,000

Water Sewer Expense: $3,600

Garage

3 garage spaces

Income

Gross Income: 0

Gross Scheduled Income: 39600

Net Operating Income: 36600

Listing

Listing ID: PW23061891

Property Subtype: Triplex

First day on market

Listed on 2023-06-08

Rent controlled

Location

County: Los Angeles

Lot

4840 sqft

0.1111 acres

Area: 4840

0-1 Unit/Acre

Parking

3 total parking spaces

Property

Single building

3 units

Property attached

Sewer

Public Sewer

Monthly cost

Estimated monthly cost

$8,252/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,217,300

+$38,850

$1,256,150

Seller agent commission$38,850 (3%)*

$0 (0%)

Buyer agent commission$38,850 (3%)*

$38,850 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:34 p.m.

Data updated: Jun 9, 2023 at 12:18 p.m.

Property listed by Trans United R.E. & Loans, Alan Cruz
Based on information from California Regional Multiple Listing Service, Inc. as of 06/09/2023 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.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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