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Josh Canova

josh.canova@evrealestate.com +1(858) 361-7010

$ 2,395,000

Est. payment -/mo

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1642 Murchison St Los Angeles, CA 90033

7,496 Sqft Lot

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB26081816

HOA Y/N No

Year Built 2026

Annual Tax Amount $28,726

Lot Size 7,496 Sqft

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Electric Oven, Freezer, Gas Range, Microwave, Refrigerator

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Sidewalks

View Y/N Yes

View City Lights

Accessibility None

Total Parking Spaces 8

Private Pool No

Building

Lot Description Landscaped

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction Yes

Others

Senior Community No

Tax ID 5202023004

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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Listed by Lauren Cearley Myunits.com Inc. 213-302-8662, DRE #02146823

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Josh Canova

Advisor | License ID: C135485

+1(858) 361-7010

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