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Listed by Lauren Cearley, DRE #02146823 • Myunits.com Inc.
$ 4,600,000
Est. payment /mo
New
1652 Murchison Los Angeles, CA 90033
0.34 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRBB26181991
Year Built 2026
Lot Size 0.344 Acres
Source California Regional MLS
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
Area Boyh - Boyle Heights
Interior
Heating Central Forced Air
Cooling Central AC
Laundry 30, Washer, Dryer, 9
Exterior
Parking Features Assigned Spaces
Garage Spaces 8.0
Pool None
Building
Water District - Public
Others
Tax ID 5202023003
Special Listing Condition Not Applicable
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