$1,295,000
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.
Facts & features
- Laundry
- None
- Lot size
- 0.111 acres (4,840 sq ft)
- Pool
- None
- Year built
- 1922
- Parking spaces
- 3
- Area
- C 34 - Los Angeles Southwest
- County
- Los Angeles
- Community features
- Street Lights, Sidewalks
- Status
- Active
- Property type
- Triplex
- Days on market
- 356
- Listed
- 2025-02-18
- Terms
- Cash, Conventional, Exchange 1031, FHA
- Parcel #
- 5083013020
- MLS #
- PW25035035
