Courtesy of: Lauren Cearley, Myunits.com Inc., lauren@myunits.com
Courtesy of: Lauren Cearley, Myunits.com Inc., lauren@myunits.com
$2,295,000
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20 bed
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20.00 Bath (20 Full)
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Lot: 0.17 Acres
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Apartment
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$2,295,000
1642 Murchison St The 2-4 Unit Specialists are pleased to present 1642 Murchison St, a 2026-built designer fourplex in prime Boyle Heights, 75% 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 75% leased and projected to deliver a 6.88% cap rate, the property is expected to generate $196, 560 in gross income and over $54, 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 3 out of 4 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.
Courtesy of: Lauren Cearley, Myunits.com Inc., lauren@myunits.com
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