1652 Murchison, Los Angeles, CA 90033
- $4,600,000
Listing courtesy of Listing Agent: Lauren Cearley (lauren@myunits.com) from Listing Office: Myunits.com Inc..
- List Price
- $4,600,000
- Status
- ACTIVE
- Days on Market
- 23
- MLS#
- BB26181991
- Subtype
- Residential Income
- New Construction
- Yes
- Year Built
- 2026
- Lot Size
- 14,988
- Acres
- 0.34
- MLS Area Major
- Boyle Heights (BOYH)
Property Description
1642 & 1652 Murchison Street consist of a 2026-built 8-unit portfolio offering a combination rarely found: two side-by-side fourplex properties, 40 rentable bedrooms, 16 parking spaces and a 6.81% cap rate. Situated on two contiguous lots with separate APNs, the portfolio consists of eight expansive 5-bedroom, 5-bathroom residences, each with its own en-suite bathroom, creating a flexible and highly rentable unit mix that appeals to students, young professionals, families and traditional tenants. The portfolio is projected to generate over 390k in annual gross income and can be delivered fully stabilized. Units are separately metered for ALL utilities, eliminating any owner utility expenses, while the side-by-side configuration and separate APNs also provide investors with the flexibility to pursue residential or commercial financing. Located 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.
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Additional Information
- Appliances
- Dryer, Washer
- Heating
- Central
- Air Conditioning
- Yes
- Stories
- Two Levels
- Levels
- Two
- Pool Type
- None
- Parking Features
- Assigned
- Garage Spaces
- 8
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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.