Hancock Park Triplex Investment
For Sale
$1,295,000
1240 S Muirfield Rd, Los Angeles, CA 90019
Three units in Hancock Park, great income potential, new roof.
Property Size1,582 SF
Lot Size0.11 Acres
Days on Market152
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: Mar 11
Changed: Aug 8
Last Checked: Aug 8 at 6:23AM
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 S Muirfield Ave features three units, each with one bedroom and one bathroom. The units are in good condition, painted, and well-maintained. Each unit includes a 3-car garage. The property is centrally located, minutes away from The Beverly Center and near restaurants, shopping centers, supermarkets, freeways, schools, museums, and theaters. It is also a 10-20 minute drive to Downtown Los Angeles and the beaches. A new roof has been installed. According to the Department of Public & Safety, two additional Accessory Dwelling Units (ADUs) may be built on the property. This 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. The location of this triplex offers substantial rental income potential.
Key Highlights
- Excellent investment opportunity with substantial rental income potential.
- Prime location in Hancock Park‑Mid City, close to amenities.
- Three well‑maintained units, each with 1 bedroom and 1 bathroom.
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
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Frequently Asked Questions
What type of property is this?
Triplex - Three units in Hancock Park, great income potential, new roof.
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.; Prime location in Hancock Park‑Mid City, close to amenities.; Three well‑maintained units, each with 1 bedroom and 1 bathroom.
