1642 Murchison St, Boyle Heights
2026- Built Modern Fourplex| 6.88% Cap Rate | $573,750/unit | $289/SF
2026-built designer fourplex in prime Boyle Heights, 100% leased now at a true 7% cap, just minutes to DTLA & the Arts District and in close proximity to LAC+USC Medical Center, Keck Hospital USC, USC Health Sciences Campus, & Cal State LA. Projected 6.88% cap rate with $200K gross income, driven by a high-demand unit mix of ALL 5 bed, 5 bath layouts ideal for roommate or family living. Townhome-style units with private 2-car parking maximize rental appeal.
The Important
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$2,295,000
Fourplex
Off-Market
4
2026
7.00%
11.39
$201,480/Year
7,938 sqft
6,079 sqft
$289.12
$573,750
4x 5b/5b
No
8 Parking Spaces
Yes
Other Features:
Offered at $2,295,000 ($573/unit | $290/SF)
The Highlights
Newly constructed 2026 designer fourplex located in a prime Boyle Heights pocket just minutes from Downtown LA and the Arts District
Delivering a 7.00% cap rate!
Generating over $201,000 in gross annual income and over $56,000 in annual cash flow
Desirable unit mix of ALL 5 bedroom, 5 bathroom units, ideal for both roommate-style and family living
Townhome-style layouts featuring living and dining on the first level, bedrooms above, and private two-car parking for each unit
Strategically positioned near major employment hubs including LAC+USC Medical Center, Keck Hospital of USC, USC Health Sciences Campus, and Cal State LA
Offered at a competitive basis of $573,750 per unit and $289 per square foot, positioning it among the strongest new construction opportunities in the market
The Neighborhood
<15-Minute Walk
Hazard Recreation Center, Keck Medicine of USC, Chipotle Mexican Grill, Dunkin’, Lincoln Park, Starbucks Coffee Company, University of Southern California Health Sciences Campus, Benny Boy Brewing,
<15-Minute Drive
THE BREWERY ARTIST LOFTS, Barbara's At the Brewery, MLA Gallery, L.A. Tipsy Tacos, Elysian Park, Dodger Stadium, Little Tokyo, The Broad
<$15 Uber Ride
Bar Siesta, Bacari Silverlake, Santo Silverlake, Bowery Bungalow, The Red Lion Tavern, The Thirsty Crow, Kalaveras, Edendale Restaurant & Bar, Izakaya Osen, Pine & Crane, The Black Cat, Silver Lake Reservoir
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