1642 Murchison St
Property Overview
1642 Murchison St is a 2026-built designer fourplex in prime Boyle Heights, FULLY LEASED now and 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. Currently 100% leased and delivering a 7.00% cap rate, the property is generating $201,480 in gross income and over $56,000 in annual cash flow. Offered at $2,295,000, this represents a highly competitive basis at $573,750 per unit and $289/SF. With ALL units leased, high-yield returns, and durable new construction design, 1642 Murchison stands out as a compelling, turnkey investment opportunity in a high-demand rental market.
Home Details
- Property type
- Residential Income - Apartment
- Year built
- 2026
- Lot size
- 7,494 sq ft
- Parking
- 8 spaces
- Garage
- 8 spaces
- Stories
- 2
- Days on market
- 9
- MLS status
- Active
Features & Amenities
Appliances
- Dishwasher
- Electric Oven
- Freezer
- Gas Range
- Microwave
- Refrigerator
Pool
- None
Lot
- Landscaped
Community, Schools & Utilities
Community
- New construction
- Yes
- View
- CityLights
- Annual property tax
- $27,526
Utilities
- Heating
- Central
- Cooling
- CentralAir
- Electric
- Standard
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 1642 Murchison St
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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