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1238 S Muirfield Road, Los Angeles, California 90019, Los Angeles, 90019 - 6 bed, 6 bath

1238 S Muirfield Road, Los Angeles, California 90019 home-pic-0
ACTIVE$2,100,000
1238 S Muirfield Road, Los Angeles, California 90019
6Beds
6Baths
2,819Sqft
4,840Lot
Year Built
1923
Close
-
List price
$2.1M
Original List price
$2.35M
Price/Sqft
$745
HOA
-
Days on market
-
Sold On
-
MLS number
PW25033734
Home ConditionGood
Features
Excellent View: None
Deck
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 35% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.10M(91th), sqft - 2819(92th), beds - 6(95th), baths - 6(97th).

Front Unit: 1412 Sq ft features 3 bedroom and 2 bath with 2 designated parking in front of the building. Back Unit with separate address 1238 1/2 Muirfield built in 2020 spans 1,407 square feet two stories with 2 designated parking in front of the building as well. This back building first floor includes a bedroom with an en-suite bathroom. The second floor offers two additional bedrooms, each with its own full bathroom, and a rooftop deck with breathtaking sky views, perfect for year-round relaxation. The versatile design of the back unit accommodates a range of uses, whether as additional living space for a larger family or as a rental unit.This property is located in an LAR2 zone, with both the main house and back unit having separate mailing addresses and electrical meters.This pride ownership home features many updated systems including roofing, sewer pipe system, vinyl fence, and automated gate, and electrical panels. Both units offer ample space for private barbecue areas and provide sufficient parking for residents. Living here, you will appreciate the convenience of shopping malls, restaurants, parks, tennis courts,freeways, Beverly Center, and DTLA.

Price History

Date
Event
Price
08/23/13
Sold
$505,000
Condition Rating
Good
This property consists of two units with vastly different conditions. The front unit, built in 1923, has undergone significant system updates (roofing, sewer, electrical panels) and cosmetic renovations (flooring, recessed lighting, modern ceiling fans, updated kitchen with stainless steel appliances, and a clean, functional bathroom). While the kitchen and bathroom in the front unit are not 'newly built' or 'extensively renovated within 5 years' to an 'excellent' standard, they are certainly move-in ready and well-maintained. The back unit, built in 2020, is essentially new construction with modern finishes, appliances, and a rooftop deck, qualifying it as 'excellent'. Given the combination of a recently updated older unit and a brand-new unit, the overall property averages out to a 'good' condition. It is move-in ready with no immediate renovation required, and major systems are functional and within their expected lifespan due to recent updates on the older unit and new construction on the back unit. The age disparity prevents an 'excellent' rating for the entire property, as the front unit's core structure is still from 1923, even with updates.
Pros & Cons

Pros

Income Potential / Versatile Living: The property features two distinct units with separate mailing addresses and electrical meters, including a newly built (2020) back unit, offering significant flexibility for rental income or multi-generational living arrangements.
Modern Back Unit with Amenities: The back unit, built in 2020, is a modern two-story structure with multiple en-suite bedrooms and a rooftop deck offering sky views, providing contemporary living space and desirable outdoor amenity.
Extensive System Updates: Recent updates to critical systems such as roofing, sewer pipe, vinyl fence, automated gate, and electrical panels significantly reduce immediate maintenance concerns and enhance the property's overall condition.
Favorable LAR2 Zoning: Located in an LAR2 zone, the property benefits from zoning that permits multiple units, potentially offering future development opportunities or increased flexibility for its current configuration.
Prime Los Angeles Location: The property boasts a highly convenient location with excellent access to shopping malls, restaurants, parks, tennis courts, freeways, Beverly Center, and DTLA, appealing to a wide range of prospective buyers.

Cons

Significant Valuation Discrepancy: The estimated property value of $1.36M is substantially lower than the current list price of $2.1M, suggesting potential overpricing that could deter buyers or prolong market time.
Age Disparity Between Units: The considerable age difference between the 1923 front unit and the 2020 back unit may lead to inconsistent aesthetics, varying maintenance needs, or a perception of a 'patchwork' property, despite system updates.
Lack of Mentioned Cooling System: The property description does not specify the presence of a cooling system (e.g., central air conditioning) for either unit, which could be a significant drawback and comfort concern in Los Angeles' climate, especially at this price point.

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