1684 Murchison Street

Los Angeles, CA 90033

$3,700,000
Price
32
Beds
18
Baths
12,052 Sq. Ft.
$307 / Sq. Ft.
12,052
Sq. Ft.
$307
per Sq. Ft.

Description

Introducing this 18-unit multifamily investment comprised of an excellent mix of fourteen (2 bd + 1 ba) and four (1 bd + 1 ba) units. 1684 Murchison St is located walking distance to Keck Medical Center of USC, USC Health Sciences Campus and LAC+USC Medical Center. California State University, Los Angeles is also a short 5-minute drive away. Its central location and close proximity to the 10, 5 and 101 Freeways provide tenants access to various entertainment and work hubs in Downtown Los Angeles....Introducing this 18-unit multifamily investment comprised of an excellent mix of fourteen (2 bd + 1 ba) and four (1 bd + 1 ba) units. 1684 Murchison St is located walking distance to Keck Medical Center of USC, USC Health Sciences Campus and LAC+USC Medical Center. California State University, Los Angeles is also a short 5-minute drive away. Its central location and close proximity to the 10, 5 and 101 Freeways provide tenants access to various entertainment and work hubs in Downtown Los Angeles. All units are separately metered for gas and electricity. Soft story retrofit and new roof installation were completed in 2022.
  1. Listed by Enrique Viramontes • DRE #01372010 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty

Property Details for 1684 Murchison Street

Zoning
LARD2
Parcel Number
5202023001
Total Units
18.0
Living Area
12052
Source Living Area
Vendor Enhanced
Area
Boyle Heights (BOYH)
Vacancy Rate
1%
Lot Size Area
14871
LISTING UPDATED: 09/30/2024 11:25 AM

Property Details for 1684 Murchison Street

StatusActive
MLS #24-356871
Days on Market306
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.34 AC / 14,871 SF
CountyLos Angeles County

Building Information for 1684 Murchison Street

Stories-Residences-Year Built1965Building Size-Lot Size0.34 AC / 14,871 SF

Property Information for 1684 Murchison Street

Community / Development
Community / Development
  • Number Of Units: 18
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Apartment
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $289,101
  • Net Operating Income: $168,673.00
  • Gross Income: $292,021
  • Gross Rent Multiplier: $12.67
  • Total Annual Expense: 120428
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.3415
  • Lot Size Square Feet: 14871
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 0
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-12-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,372.00
  • Unit Actual Rent: $19,213.00
  • Unit Projected Rent: $42,728.00
  • Like Units: 14
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,156.00
  • Unit Actual Rent: $4,622.00
  • Unit Projected Rent: $9,628.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,428,000.00
  • Assessed Improvement Percent: 39.72
  • Assessed Land Value: $2,167,500.00
  • Assessed Land Percent: 60.28
  • Assessed Total Value: $3,595,500.00

Property History for 1684 Murchison Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1684 Murchison Street

Taxable ValueLand$2,210,850Additions$1,460,310Total$3,671,160
Tax Record2024$46,097 ($3,841 / month)
Home Facts
Total Finished SqFt12,052 SqFtAbove Grade Finished SqFt12,052 SqFtLot Size14,871 SqFtStyleMulti-Family Res (5+ Units)Year Built1965ZoningLARD2CountyLOS ANGELESAPN5202-023-001

Schools near 1684 Murchison Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Murchison Street Elementary School
PublicK to 6

Excel Charter Academy
Charter6 to 8

Woodrow Wilson Senior High School
Public9 to 12

Abraham Lincoln Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1684 Murchison Street is a multi-family home for sale in Los Angeles, CA 90033. This property was listed for sale on February 9, 2024 by Remax Commercial and Investment Realty, it's currently listed at $3,700,000. It has been on the market for a total of 306 days and was last sold on May 19, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Murchison Street Elementary School, Excel Charter Academy and Woodrow Wilson Senior High School. 1684 Murchison Street is a 32-bed, 18-bath, 12,052 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Remax Commercial and Investment Realty, Enrique Viramontes, DRE #01372010

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.