New
$4,600,000
40 bd · 40 ba · · 14,989 sqft lot
1652 Murchison St, Los Angeles, CA 90033
Multi-family · Built 2026 ·
$28,173/mo est. payment
- Garage
- 8 cars
- Stories
- 2
3D tourFlood factor 4/10
About this home
1642 & 1652 Murchison Street consist of a 2026-built 8-unit portfolio offering a combination rarely found: two side-by-side fourplex properties, 40 rentable bedrooms, 16 parking spaces and a 6.81% cap rate. Situated on two contiguous lots with separate APNs, the portfolio consists of eight expansive 5-bedroom, 5-bathroom residences, each with its own en-suite bathroom, creating a flexible and highly rentable unit mix that appeals to students, young professionals, families and traditional tenants. The portfolio is projected to generate over 390k in annual gross income and can be delivered fully stabilized. Units are separately metered for ALL utilities, eliminating any owner utility expenses, while the side-by-side configuration and separate APNs also provide investors with the flexibility to pursue residential or commercial financing. Located 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.
Facts and features
Bedrooms
- Bedrooms: 40
Bathrooms
- Total Bathrooms: 40
- Full Bathrooms: 40
Appliances
- Laundry Features: Electric Dryer Hookup, Washer Hookup, Washer Included, Dryer Included
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
- Heating: Yes
Land Info
- Additional Parcels Description: 5202-023-004
- Additional Parcels: Yes
- Land Lease: No
- Lot Description: Landscaped
- Lot Size Acres: 0.3441
- Lot Size Source: Assessor
- Lot Size Square Feet: 14988
Garage and Parking
- Garage Spaces: 8
- Parking Features: Assigned
- Parking Total: 8
Multi-Unit Info
- Number of Buildings: 4
- Number of Units: 8
- Bedrooms in Unit-1: 5
- Bedrooms in Unit-2: 5
- Bedrooms in Unit-3: 5
- Bedrooms in Unit-4: 5
- Bedrooms in Unit-5: 5
- Bedrooms in Unit-6: 5
Rental Info
- Gross Income: 396720
- Gross Scheduled Income: 394320
- Number of Units Leased: 4
- Tenant Pays: All Utilities
- Vacancy Allowance: 11830
- Rent Control: Yes
Schools
- 4
Murchison Street Elementary School
elementary · K-6 · 0.2 mi
- 7
El Sereno Middle School
middle · 6-8 · 1.5 mi
Santa Teresita School
elementary · K-8 · 0.4 mi
East Los Angeles Skills Center
elementary · 0.5 mi
- 8
Multnomah Street Elementary School
elementary · K-5 · 0.5 mi
- 2
Pueblo De Los Angeles Continuation School
high · 9-12 · 0.5 mi
Price history
- Aug 19, 2026 · Listed$4,600,000
- Jul 2, 2026 · Listing Removed—
- Jan 22, 2026 · Listed For Rent$39,995
- Sep 19, 2024 · Sold$925,000
- May 30, 1978 · Sold$29,000
Tax history
- 2025$2,356 tax · $178,500 assessed
- 2024$1,129 tax · $175,000 assessed
- 2023$1,112 tax · $156,060 assessed
- 2022$2,081 tax · $153,000 assessed
- 2021$1,061 tax · $64,918 assessed
- 2020$1,067 tax · $64,253 assessed
- 2019$1,036 tax · $62,994 assessed
- 2018$884 tax · $61,760 assessed
Home value
$4,554,000
- Collateral Analytics$4,554,000
- Cotality$4,357,000
Where it is
Listed by Lauren Cearley · Myunits.com Inc. · CRMLS
