$2,295,000
 $12,320 est/mo Sourced by Back At You

1642 Murchison St,Los Angeles, CA 90033

Los Angeles, CA 90033

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Description

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.

Details

MLS #BB26212279
Listing TypeFor Sale
StyleCondominium
Sub-TypeNew Construction
StatusActive
Year2026
Days On Site39
Listing Provided ByMyunits.com Inc. | Lauren Cearley

Features

SQ Feet7,938
Garage8
Story(s)2
Units4
Building(s)2
Acreage0.17
Property ViewYes

Interior

CoolingCentral Air
HeatingCentral
Heating Yes / NoYes
Cooling Yes / NoYes
AppliancesDishwasher, Electric Oven, Freezer, Gas Range, Microwave, Refrigerator
Fireplace Yes / NoNo

Exterior

Lot FeaturesLandscaped

Parking

Garage Yes / NoYes

Utilities

ElectricStandard
SewerPublic Sewer

Location

Community FeaturesSidewalks

Taxes

Property27526

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90033
AreaBOYH Boyle Heights
Listing VS Median (in 90033)
Price:
$2,295,000
low | high
Med:
$739,900
100% of Average
sqft:
7,938
low | high
Med:
1,200
100% of Average
$ / sqft:
$289
low | high
Med:
$617
63.265294117647% of Average
On site:
39
low | high
Med:
14
100% of Average
Sourced by Back At You

Market Activity 90033

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90033
AreaBOYH Boyle Heights
Listing VS Median (in 90033)
Price:
$2,295,000
low | high
Med:
$739,900
100% of Average
sqft:
7,938
low | high
Med:
1,200
100% of Average
$ / sqft:
$289
low | high
Med:
$617
63.265294117647% of Average
On site:
39
low | high
Med:
14
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.721M - $2.868M
sqft: 5,500 - 9,500
Nearby Listings Property ImageNearby Listings Details
1525 Ricardo Property Photo 1
$2,799,000
1525 Ricardo
Los Angeles, CA 90033
Listing Updated: October 12, 2026 at 4:17:30 PM PDT