1642-1652 Murchison St, Boyle Heights
Rare Opportunity to Acquire A 2026-Built 8-Unit Portfolio
Across Two Side-By-Side Lots
1642 & 1652 Murchison Street is a rare 2026-built 8-unit portfolio comprising two side-by-side Boyle Heights fourplexes with separate APNs. All eight townhome-style residences feature 5 beds, 5 baths, private laundry, central HVAC and two parking spaces. Offered at $4,600,000, the portfolio projects a 6.86% cap rate and $396,720 in annual gross income. All utilities are separately metered, eliminating owner utility expenses. Three units are leased at market rent, with delivery available fully stabilized or vacant.
The Important
Details
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$4,600,000
8-Unit
Pre-Market
8
2026
6.86%
11.60
$396,720/Year (Pro Forma)
15,796 sqft
14,988 sqft
$291.21
$575,000
8x 5b/5b
No
16 Parking Spaces
Yes/No
Other Features:
40 Bedrooms Total! Exceptional Cap of 6.86%
The Highlights
Newly constructed 2026 designer 8-Unit located in a prime Boyle Heights pocket just minutes from Downtown LA and the Arts District
Projected to deliver a 6.86% cap rate at stabilization, offering a clear path to strong in-place returns
Expected to generate approximately $396,720 gross annual income!
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 $5 per unit and $301 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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