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.
Multi-familyProperty Type
1929Year Built
4,960 sq ftLot Size
$573Est. Price/Sq.Ft.
Listed by Sean Rosenzweig•DRE #01406343• Marcus & Millichap
•310-513-3144 (agent)
•thesrgroup@marcusmillichap.com (agent)
Bought with Edenia Consuegra•DRE #02143657• Four Seasons Properties, Inc.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
4
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
4,960 Sq. Ft.
Year renovated
1929
Sq. Ft.
2,260
Year built
1929
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
5083031023
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 30, 2026.
Jul 27, 2022 • Final
Electrical
Install a temporary electrical power pole with a service rating of 200 amps.
Electrical
Jun 1, 2018 • Final
Plumbing
Install a new tankless water heater.
Plumbing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage
None
Interior
Equipment
Other
Heating & Cooling
Other Cooling
Other Heat
Multi-Unit Income
Gross Income: 67728
Gross Operating Income: $67,728
Net Operating Income: $45,162
Multi-Unit Expenses
Total Annual Expense: $22,566
Multi-Unit Other Financial Information
Cap Rate: 4.11
Gross Rent Multiplier: 16.24
Vacancy Rate: 1
Scheduled Actual: Actual
Multi-Unit Information
Unit Type Type: 1, 2, 3, 4
Type Of Units: Residential
# of Buildings: 1
Unit 1 Information
# of Beds: 1
# of Baths: 11.00
Rent: $774
Projected Rent: $2,300
Actual Rent: $774
# of Units: 1
Unit 2 Information
# of Beds: 1
# of Baths: 1.00
Rent: $770
Projected Rent: $2,300
Actual Rent: $770
# of Units: 1
Unit 3 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,800
Projected Rent: $2,300
Actual Rent: $1,800
# of Units: 1
Unit 4 Information
# of Beds: 1
# of Baths: 1.00
Projected Rent: $2,300
# of Units: 1
Exterior
Building Information
Total Floors: 2
Property Information
Property Type: Residential Income
Land Information
Other Structures: None
Lot Information
Lot Size (Sq. Ft.): 4,960
Lot Size (Acres): 0.1139
Zoning: LAR2
Financial
Assessment Information
Assessed Total Value: $810,457
Assessed Land Value: $648,366
Assessed Land %: 80
Assessed Improvement Value: $162,091
Assessed Improvement %: 20.00
Assessor Parcel Number: 5083-031-023
Location
Community Information
# of Units in Complex (Total): 4
Location Information
Directions: North of Pico Boulevard, East of Rimpau Boulevard
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 2,260
Stories: —
Lot Size: 4,960 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1929
Year Renovated: 1929
County: Los Angeles County
APN: 5083031023
Home facts updated by county records on Aug 30, 2026
Other
Documents & Disclosures
Disclosures: None
Around this home
Schools
Queen Anne Place Elementary School
Public K-5 • Assigned • 0.2mi
8/10
Johnnie Cochran, Jr., Middle School
Public 6-8 • Assigned • 0.7mi
3/10
Los Angeles Senior High School
Public 9-12 • Assigned • 0.4mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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