1251 South Muirfield Road

Los Angeles, CA 90019

$2,350,000
Last Sold Price
9
Beds
5
Baths
4,260 Sq. Ft.
$552 / Sq. Ft.
4,260
Sq. Ft.
$552
per Sq. Ft.

Description

Beautifully renovated 3 unit plus ADU (final state of completion) in the Mid-City/Longwood Highlands area presents an outstanding opportunity for investor with excellent income. This charming French Normandy building features an array of spacious 3 units with high ceilings, separate private entrances, washer/dryer, and separately metered gas and recently upgraded electric meter. Each elegant residence features a modern design with mixed floors and excellent quality finishes with chef-quality appliances,...Beautifully renovated 3 unit plus ADU (final state of completion) in the Mid-City/Longwood Highlands area presents an outstanding opportunity for investor with excellent income. This charming French Normandy building features an array of spacious 3 units with high ceilings, separate private entrances, washer/dryer, and separately metered gas and recently upgraded electric meter. Each elegant residence features a modern design with mixed floors and excellent quality finishes with chef-quality appliances, designer lighting package and spacious dining area with living room. ADU unit is the final state of getting approved. Front unit consists of 4 bed/ 2bath with 2,000 sf townhouse-style and an additional 900 sf finished attic. Back units are consist of 2 units of 2 bed/1bath. The Seller intends to perform an IRC Section 1031 tax-deferred exchange. Seller requests buyer's cooperation in such an exchange.
  1. Listed by Sun Kyung Chang • DRE #01950848 • Brokerage DRE #01886242 • TNG Real Estate Consultants

Property Details for 1251 South Muirfield Road

Zoning
LAR2
Parcel Number
5083031021
Total Units
4.0
Living Area
4260
Source Living Area
Vendor Enhanced
Area
Hancock Park-Wilshire
Vacancy Rate
0
Lot Size Area
4960

Location

Listing Courtesy of TNG Real Estate Consultants, Sun Kyung Chang, DRE #01950848

Sold By Compass, Mark Rogo, DRE #01423795; Compass, Lynn Rogo, DRE #01337553

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LISTING UPDATED: 06/01/2022 03:04 PM

Property Details for 1251 South Muirfield Road

StatusSold
MLS #22-129881
Days on Market100
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1938
Lot Size0.11 AC / 4,960 SF
CountyLos Angeles County

Location

Listing Courtesy of TNG Real Estate Consultants, Sun Kyung Chang, DRE #01950848

Sold By Compass, Mark Rogo, DRE #01423795; Compass, Lynn Rogo, DRE #01337553

Add your commute

Virtual Tour

Building Information for 1251 South Muirfield Road

Stories-Residences-Year Built1938Building Size-Lot Size0.11 AC / 4,960 SF

Payment Calculator

$15,267 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,825

Property Taxes

$2,442

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1251 South Muirfield Road

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Quadplex
Contract Info
Contract Info
  • Disclosures: Building Permit
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $133,800
  • Net Operating Income: $101,700.00
  • Gross Income: $151,200
  • Gross Rent Multiplier: $17.86
  • Actual Annual Gross Rent: $133,800.00
  • Actual Gross Annual Income: $133,800
  • Total Annual Expense: 32100
  • Water Expense: $5,000.00
  • Tax Expense: $23,900
  • Gardener Expense: $1,200
  • Insurance Expense: $2,000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1139
  • Lot Size Square Feet: 4960
Parking Details
Parking Details
  • Parking Garage: Assigned, Converted Garage
  • Total Parking: 6
  • Covered Parking: 6
  • Parking Features: Assigned, Converted Garage
Interior Features
Interior Features
  • Cooling Type: Air Conditioning, Wall Unit(s)
  • Heating: Central
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-24-2022
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $5,000.00
  • Unit Actual Rent: $5,000.00
  • Unit Projected Rent: $5,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,200.00
  • Unit Actual Rent: $3,200.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,950.00
  • Unit Actual Rent: $2,950.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,000.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $900,000.00
  • Assessed Improvement Percent: 40.0
  • Assessed Land Value: $1,350,000.00
  • Assessed Land Percent: 60
  • Assessed Total Value: $2,250,000.00

Property History for 1251 South Muirfield Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1251 South Muirfield Road

Taxable ValueLand$1,836,000Additions$561,000Total$2,397,000
Tax Record2023$29,307 ($2,442 / month)
Home Facts
Total Finished SqFt4,260 SqFtAbove Grade Finished SqFt4,260 SqFtLot Size4,960 SqFtStyleTriplexYear Built1938ZoningLAR2CountyLOS ANGELESAPN5083-031-021

Schools near 1251 South Muirfield Road

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Queen Anne Place Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Los Angeles Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of TNG Real Estate Consultants, Sun Kyung Chang, DRE #01950848

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.