Listed by Myunits.com Inc.
$2,395,000
1642 Murchison St
Details
APN 5202023004
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 7.23%
Buildings 2
Acreage 0.172
Zoning Builder
Multifamily | 7.23% CAP | 4 Units
Marketing description
1642 Murchison St is a 2026-built designer fourplex 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. 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. Projected to deliver a 7.23% cap rate at stabilization, the property is expected to generate $216,000 in gross income and over $65,000 in annual cash flow. Offered at $2,395,000, this represents a highly competitive basis at $598,750 per unit and $301/SF. With a clear path to lease-up, high-yield returns, and durable new construction design, 1642 Murchison stands out as a compelling, turnkey investment opportunity in a high-demand rental market.
Listing Contacts
Listed by Myunits.com Inc.
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Zoning
RD2-1 ResidentialMulti FamilyRestricted Density Multiple Dwelling
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View all 674 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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