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1642-1652 Murchison St
Los Angeles, CA 90033
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Newly constructed 2026 designer 8-Unit located in a prime Boyle Heights pocket just minutes from Downtown LA and the Arts District
- Expected to generate approximately $396,720 gross annual income!
- Townhome-style layouts featuring living and dining on the first level, bedrooms above, and private two-car parking for each unit
- Projected to deliver a 6.86% cap rate at stabilization, offering a clear path to strong in-place returns
- Desirable unit mix of ALL 5 bedroom, 5 bathroom units, ideal for both roommate style and family living
- Strategically positioned near major employment hubs including LAC+USC Medical Center, Keck Hospital of USC, USC Health Sciences Campus, and Cal State
Executive Summary
The 5+ Unit Specialists are pleased to present 1642 & 1652 Murchison Street, 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 6.86% 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 generates $396,720 in annual gross income and can be delivered fully stabilized or vacant. 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.
Property Facts
| Price Per Unit | $793,713 CAD | Apartment Style | Garden |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 6.86% | Lot Size | 0.34 AC |
| Gross Rent Multiplier | 11.6 | Building Size | 15,796 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment | Parking Ratio | 1.01/1,000 SF |
| Zoning | LARD2 | ||
| Price Per Unit | $793,713 CAD |
| Sale Type | Investment |
| Cap Rate | 6.86% |
| Gross Rent Multiplier | 11.6 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.34 AC |
| Building Size | 15,796 SF |
| No. Stories | 2 |
| Year Built | 2026 |
| Parking Ratio | 1.01/1,000 SF |
| Zoning | LARD2 |
Amenities
Site Amenities
- Fenced Lot
- Tenant Controlled HVAC
- Private Bathroom
- Solar Panels
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 5+5 | 8 | $5,722 CAD | 1,826 - 2,137 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $387,194 CAD | |
| Land Assessment | $1,231,980 CAD | Total Assessment | $1,619,174 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,231,980 CAD
Improvements Assessment
$387,194 CAD
Total Assessment
$1,619,174 CAD
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