1259 South Muirfield Road
1259 South Muirfield Road
$1,075,000
4
4
2,260
2,260
$476
Sold 4/7/22
Description
We are pleased to offer for sale a four-unit apartment community located at 1259 South Muirfield Road. The subject property is located just north of Pico Boulevard within the desirable Mid-City sub-market. Situated on a 4,960 square foot parcel, the property comprises entirely of one-bedroom units. One of the units will be delivered vacant. The property has 63% remaining rental upside through unit renovations. The continued gentrification of the surrounding area along with the value-add potential...We are pleased to offer for sale a four-unit apartment community located at 1259 South Muirfield Road. The subject property is located just north of Pico Boulevard within the desirable Mid-City sub-market. Situated on a 4,960 square foot parcel, the property comprises entirely of one-bedroom units. One of the units will be delivered vacant. The property has 63% remaining rental upside through unit renovations. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate remaining units and achieve superior future returns moving forward makings 1259 South Muirfield an excellent acquisition opportunity.
- Listed by Sean Rosenzweig • DRE #01406343 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 1259 South Muirfield Road
Zoning
LAR2
Parcel Number5083031023
Total Units4.0
Living Area2260
Source Living AreaAssessor
AreaHancock Park-Wilshire
Vacancy Rate1 unit
Lot Size Area4960
Location
LISTING UPDATED: 04/11/2022 04:51 PM
Property Details for 1259 South Muirfield Road
Status | Sold |
---|---|
MLS # | 22-129091 |
Days on Market | 16 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1929 |
Lot Size | 0.11 AC / 4,960 SF |
County | Los Angeles County |
Location
Building Information for 1259 South Muirfield Road
Stories2Residences-Year Built1929Building Size-Lot Size0.11 AC / 4,960 SF
Payment Calculator
$6,996 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1259 South Muirfield Road
Property History for 1259 South Muirfield Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1259 South Muirfield Road
Taxable ValueLand$816,000Additions$280,900Total$1,096,900
Tax Record2023$13,554 ($1,129 / month)
Home Facts
Total Finished SqFt2,260 SqFtAbove Grade Finished SqFt2,260 SqFtLot Size4,960 SqFtStyleQuadraplexYear Built1929ZoningLAR2CountyLOS ANGELESAPN5083-031-023
Schools near 1259 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.
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