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.
| MLS # | BB26212279 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2026 |
| Days On Site | 39 |
| Listing Provided By | Myunits.com Inc. | Lauren Cearley |
| SQ Feet | 7,938 |
|---|---|
| Garage | 8 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 2 |
| Acreage | 0.17 |
| Property View | Yes |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Dishwasher, Electric Oven, Freezer, Gas Range, Microwave, Refrigerator |
| Fireplace Yes / No | No |
| Lot Features | Landscaped |
|---|
| Garage Yes / No | Yes |
|---|
| Electric | Standard |
|---|---|
| Sewer | Public Sewer |
| Community Features | Sidewalks |
|---|
| Property | 27526 |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90033 |
| Area | BOYH Boyle Heights |
| Listing VS Median (in 90033) | |
Price: $2,295,000 low | high Med: $739,900 sqft: 7,938 low | high Med: 1,200 $ / sqft: $289 low | high Med: $617 On site: 39 low | high Med: 14 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90033 |
| Area | BOYH Boyle Heights |
| Listing VS Median (in 90033) | |
Price: $2,295,000 low | high Med: $739,900 sqft: 7,938 low | high Med: 1,200 $ / sqft: $289 low | high Med: $617 On site: 39 low | high Med: 14 | |
![]() | $2,799,0001525 RicardoLos Angeles, CA 90033 |