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$1,295,000
Est. payment /mo
4,839 Sqft Lot
UPDATED:
12/05/2024 03:26 AM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24170038
HOA Y/N No
Year Built 1922
Lot Size 4,839 Sqft
Property Description
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.
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.
Location
State CA
County Los Angeles
Area C18 - Hancock Park-Wilshire
Zoning LAR2
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Urban
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5083013020
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
Special Listing Condition Standard
Lease Land No
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Listed by Alan Cruz • Klovus Realty • 661-932-5117