REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

James Olvera

james@olverarealty.net +1(909) 760-9091

$2,395,000

Est. payment - /mo

7,496 Sqft Lot

Save Virtual Tour

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

Virtual Tour https://www.myunits.com/buy/1642murchison

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

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

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

Get more info from a local expert!

FEATURED AREAS

1642 Murchison St Los Angeles, CA 90033