7,492 Sqft Lot
7,492 Sqft Lot
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26212279
HOA Y/N No
Year Built 2026
Annual Tax Amount $27,526
Lot Size 7,492 Sqft
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Oven, Freezer, Gas Range, Microwave, Refrigerator
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Sidewalks
View Y/N Yes
View City Lights
Accessibility None
Total Parking Spaces 8
Private Pool No
Building
Lot Description Landscaped
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction Yes
Others
Senior Community No
Tax ID 5202023004
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Virtual Tour https://www.myunits.com/buy/1642murchison
Homeowner Advisor | Realtor License ID: 02000924
+1(909) 525-2770 | josh@pivothomes.com