Hancock Park Triplex Investment
For Sale
Contact for pricing
1240 S Muirfield Road, Los Angeles, CA 90019
Triplex in Hancock Park-Mid City with income potential and garages.
Property SizeContact for details
Days on Market546
Property Features for 1240 S Muirfield Road
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
Assessor
Building Details
Buildings
3
Stories
1
Units
3
Listing Agency:
Trans United R.E. & Loans
(661) 932-5117
Listed By:
Alan Cruz · License #CA 01518829
Source:
Crexi
Added: Feb 18, 2025
Changed: Aug 8
Last Checked: Aug 18 at 4:58AM
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. Each unit is well-maintained and in good condition. The property includes three-car garages. The location offers 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. 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.
Key Highlights
- High rental income potential due to prime location in Hancock Park‑Mid City.
- Opportunity to build 2 additional ADUs (per Dept of Public & Safety).
- 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 - Triplex in Hancock Park-Mid City with income potential and garages.
Where is this triplex located?
The property is located at 1240 S Muirfield Road 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: High rental income potential due to prime location in Hancock Park‑Mid City.; Opportunity to build 2 additional ADUs (per Dept of Public & Safety).; New roof installed.
