$ 2,395,000
-
$2,395,000
Price -
20
Bed -
20
Bath -
7,938
SqFt
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About the Listing bH5345657 - BB42774,BB42064
1642 Murchison St is a 2026-built designer fourplex in prime Boyle Heights, just minutes to Downtown LA and the Arts District. Located near major employment hubs including LAC+USC Medical Center, Keck Hospital of USC, USC Health Sciences Campus, and Cal State LA, the property benefits from strong and consistent rental demand. The property features four spacious, townhome-style units with living areas on the first floor, bedrooms above, and private two-car parking for each unit. The unit mix of ALL 5 bedroom, 5 bathroom units is ideal for both roommate-style and family living, maximizing rental flexibility and income potential. Projected to deliver a 7.23% cap rate at stabilization, the property is expected to generate $216,000 in gross income and over $65,000 in annual cash flow. Offered at $2,395,000, this represents a highly competitive basis at $598,750 per unit and $301/SF. With a clear path to lease-up, high-yield returns, and durable new construction design, 1642 Murchison stands out as a compelling, turnkey investment opportunity in a high-demand rental market.
Listing Highlights
Status
Active
Days on Site
80
Property Type
Multi-Family
MLS ®
BB26081816
Year Built
2026
Total Square Footage
7,938
Lot/Acreage
0.17
County
Los Angeles
Area
BOYH - Boyle Heights
Interior Details
- Bedrooms: 20
- Bathrooms: 20 Full
- Appliances: Dishwasher, Electric Oven, Freezer, Gas Range, Microwave, Refrigerator
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Landscaped,No Land Lease
- Garage Capacity: 8 car
- Parking Spaces: 8
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: $28,726
- Taxes w/Assessments: N/A
- Tax/Property ID: 5202023004
- Tax Year: N/A
Payment Calculator
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Questions About..
1642 Murchison St Los Angeles, CA 90033
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