1652 Murchison, Los Angeles, CA 90033
1652 Murchison, Los Angeles, CA 90033
1652 Murchison, Los Angeles, CA 90033
1652 Murchison, Los Angeles, CA 90033
1652 Murchison, Los Angeles, CA 90033
1652 Murchison, Los Angeles, CA 90033
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STEVE & KRISTA: The WIDNER Team

STEVE & KRISTA: The WIDNER Team

+1(949) 842-5551
$ 4,600,000
Est. payment | /mo

0.34 Acres Lot

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$ 4,600,000
Est. payment | /mo
Save Virtual Tour

0.34 Acres Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB26181991

HOA Y/N No

Year Built 2026

Lot Size 0.344 Acres

Property Sub-Type Apartment

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

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Dryer, Washer

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Parking Features Assigned

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Sidewalks

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 5202023003

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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STEVE & KRISTA: The WIDNER Team
STEVE & KRISTA: The WIDNER Team

Agent | License ID: 00680027

+1(949) 842-5551

29811 Santa Margarita Parkway, Suite 100, Margarita, CA 92688

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