1684 Murchison Street

    Los Angeles (City), CA 90033
    • $3,600,000
    • STATUS: Active
    • ON SITE: 151 days
    • ID#: 19467508
    UPDATED: 56 min ago
    $3,600,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,052
      SQFT
    • $299
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    Introducing the sale of 1684 Murchison Street. This 18 unit property is comprised of (14) two bedroom + 1 bathroom and (4) 1 bedroom + 1 bathroom units with gated parking. Investors can benefit from upside potential in a strong rental market located within close proximity to the new USC Health Sciences Campus, LAC + USC Medical Center and Cal State LA. This property is located near the 10, 5, 101 and 710 freeways; providing tenants easy access to various work and entertainment hubs throughout Los Angeles County.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T22:34:36.36. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/94908951

    1684 Murchison Street Los Angeles (City), CA 90033

    • Price: $3,600,000
    • Status: Active
    • Updated: 56 min ago
    • ID#: 19467508
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    12,052
    SQFT
    $299
    $/SQFT
    1965
    Built
    Neighborhood:
    BOYH - Boyle Heights
    County:
    Los Angeles
    Area:
    BOYH - Boyle Heights
    Property Description
    Introducing the sale of 1684 Murchison Street. This 18 unit property is comprised of (14) two bedroom + 1 bathroom and (4) 1 bedroom + 1 bathroom units with gated parking. Investors can benefit from upside potential in a strong rental market located within close proximity to the new USC Health Sciences Campus, LAC + USC Medical Center and Cal State LA. This property is located near the 10, 5, 101 and 710 freeways; providing tenants easy access to various work and entertainment hubs throughout Los Angeles County.
    Exterior Features

    Lot Size Source See Remarks Lot Size Units Square Feet Parking Features Uncovered Parking YN Yes

    Interior Features

    Laundry Features See Remarks

    Property Features

    Cap Rate 3.96 Gross Multiplier 15.21 Gross Operating Income 234360.00 Improvements Amount 897600 Land Value 1346400 Laundry YN Yes Net Operating Income 142665.00 Special Listing Conditions Standard Total Expenses 91695.00 Zoning Lard2

    Listing provided courtesy of Enrique Viramontes of Remax Commercial And Investmen


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T22:34:36.36. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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