Hancock Park Triplex Investment
For Sale
$1,295,000
1240 S Muirfield Rd, Los Angeles, CA 90019
Three units near Beverly Center, potential for additional ADUs.
Property Size1,582 SF
Lot Size0.11 Acres
Days on Market255
Property Features for 1240 S Muirfield Rd
General Information
Standard status
Active
Size
1,582 SF
Lot size
0.11 Acres
Property subtype
Investment
Building Details
Building Size
1,582 SF
Year Built
1922
Units
3
Listing Agency:
Trans United R.E. & Loans
(661) 932-5117
Listed By:
Alan Cruz · License #01518829
(661) 932-5117
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trans United R.E. & Loans
Investment Insights
Based on property information with market context.
Located in Hancock Park-Mid City, this property at 1240 Muirfield Ave presents an investment opportunity. The property features three units, each with one bedroom and one bathroom. The units are reported to be in good condition, painted, and well-maintained. Each unit includes access to one of the three car garages. The location provides convenient access to The Beverly Center, restaurants, shopping centers, supermarkets, freeways, schools, museums, and theaters. It is situated within a 10-20 minute drive to both Downtown Los Angeles and the beaches. According to the Department of Public & Safety, there is potential to build two additional Accessory Dwelling Units (ADUs) on the property. A new roof has been installed. The property is part of a four-unit portfolio that includes properties at 5144 W 21st St, Los Angeles, CA 90016, 2720 S Sycamore Ave, Los Angeles, CA 90016, and 1121 5th Ave, Los Angeles, CA 90019.
Key Highlights
- Excellent investment opportunity with substantial rental income potential in Hancock Park‑Mid City.
- Three well‑maintained units, each with 1 bedroom and 1 bathroom.
- New roof installed.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,678
Businesses Nearby
Explore this area
Business Placement
Demographics for 90019, CA
62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three units near Beverly Center, potential for additional ADUs.
Where is this triplex located?
The property is located at 1240 S Muirfield Rd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Excellent investment opportunity with substantial rental income potential in Hancock Park‑Mid City.; Three well‑maintained units, each with 1 bedroom and 1 bathroom.; New roof installed.
