Description

1642 Murchison St is 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.

Property details

Year built

2026

Property type

Residential Income

Lot size

7,494 sqft

Location

1642 Murchison St • Los Angeles, CA 90033

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Listed by

Lauren Cearley · Myunits.com Inc.

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Recent sales near 1642 Murchison St

1542 Ricardo: Sold $900,000 · 5 bd · 4 ba · 2,361 sqft · Jul 2026 · 0.2 mi
SOPHIS REAL ESTATE, INC. | DRE #02052006
Buyer's agent: Pablo Sanchez, Rodeo Realty | DRE #02165409
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Buyer's agent: Angel Hsu, VASTREE REAL ESTATE | DRE #02037507
2553 Verde Street: Sold $770,000 · Jul 2026 · 0.4 mi
Century 21 Allstars | DRE #01969656
Buyer's agent: April Kass, Backbeat Homes | DRE #01970385
2647 Chelsea Street 4: Sold $787,000 · May 2026 · 0.4 mi
CONSUMER REAL ESTATE SOLUTIONS | DRE #00706703
Buyer's agent: Michael Covarrubias, CONSUMER REAL ESTATE SOLUTIONS | DRE #01344687
1237 N Evergreen: Sold $450,000 · 2 bd · 1 ba · 1,008 sqft · Aug 2026 · 0.5 mi
GEORGE MICHAEL REALTY | DRE #01168227
Buyer's agent: Ali Choudhery, Acquire'd | DRE #02089885
1140 N Evergreen Avenue: Sold $870,000 · 2 bd · 2 ba · 1,122 sqft · May 2026 · 0.6 mi
Compass | DRE #01967405
Buyer's agent: WENDY HUI, MANREALTY.COM | DRE #02155505
2837 Ganahl Street: Sold $480,000 · 5 bd · 2 ba · 1,588 sqft · Jul 2026 · 0.7 mi
Marcus & Millichap | DRE #01952189
Buyer's agent: Kian Maronde, Marcus & Millichap | DRE #01952189
1070 N Evergreen: Sold $675,000 · 3 bd · 3 ba · 864 sqft · Jan 2026 · 0.7 mi
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Closed sales reported in 90033, nearest first, last 12 months. All recent sales in Los Angeles →

Residential Income - 1642 Murchison St, Los Angeles, CA