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Image 1 - 1240 S Muirfield Rd, Los Angeles, California, 90019 - House for sale

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S Muirfield Rd, Los Angeles, Home For Sale

1240 S Muirfield Rd, Los Angeles, California, 90019

S Muirfield Rd, Los Angeles, Home For Sale

house for sale

Listed: 08/19/24

1240 S Muirfield Rd, Los Angeles, California, 90019

3 Bed:

3 Bath:

1,582 Sq Ft Living Area:

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Price

$ 1,3M

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About This House

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 and Safety. Property is part of a 4 units portfolio: 5144 W21st St, Los Angeles, CA 90016, 2720 SSycamore Ave, Los Angeles, CA 90016and 1121 5th Ave, Los Angeles, CA 90019.

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The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

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One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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