75
See all 75 photos
$4,600,000
Est. payment /mo
20 Beds
20 Baths
0.34 Acres Lot
New
1652 Murchison Los Angeles, CA 90033
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26181991
Bedrooms 20
Lot Size 0.344 Acres
Property Sub-Type Res Income 2-4 Units
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 6.86% 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 generates $396,720 in annual gross income and can be delivered fully stabilized or vacant. 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.
Location
State CA
County Los Angeles
Zoning Builder
Direction From the 10 Freeway, exit Soto Street and head north. Turn right onto Alcazar Street, then left onto Murchison Street. The prope
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5202023003
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Listed by Lauren Cearley, DRE#02146823 Myunits.com Inc.
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