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Keller Williams
1642 Murchison St, Los Angeles, CA 90033
- $2,295,000
- List Price
- $2,295,000
- Status
- ACTIVE
- Days on Market
- 44
- MLS#
- BB26212279
- Subtype
- Residential Income
- New Construction
- Yes
- Year Built
- 2026
- Lot Size
- 7,494
- Acres
- 0.17
- MLS Area Major
- Boyle Heights (BOYH)
Property Description
1642 Murchison St is a 2026-built designer fourplex in prime Boyle Heights, FULLY LEASED now and 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. Currently 100% leased and delivering a 7.00% cap rate, the property is generating $201,480 in gross income and over $56,000 in annual cash flow. Offered at $2,295,000, this represents a highly competitive basis at $573,750 per unit and $289/SF. With ALL units leased, high-yield returns, and durable new construction design, 1642 Murchison stands out as a compelling, turnkey investment opportunity in a high-demand rental market.
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Additional Information
- Taxes
- $27,526
- Appliances
- Dishwasher, Electric Oven, Freezer, Gas Range, Microwave, Refrigerator
- Heating
- Central
- Air Conditioning
- Yes
- Stories
- Two Levels
- Levels
- Two
- Pool Type
- None
- Garage Spaces
- 8
- View
- City Lights
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Listing courtesy of Listing Agent: Lauren Cearley (lauren@myunits.com) from Listing Office: Myunits.com Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.