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Gutted Spanish-Style Duplex Corner Lot
For Sale
Contact for pricing
Pending

1568 Murray Cir, Los Angeles, CA 90026

A gutted Spanish-style duplex on an oversized corner lot with two 2-bedroom units and exterior observation decks.

Property SizeContact for details
Days on Market121

Property Features for 1568 Murray Cir

General Information

Standard status Pending
Property subtype Land
Listing Agency: Compass - Pasadena
Listed By: Max Berger · License #CA
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Apr 12 at 7:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass - Pasadena

Investment Insights

Based on property information with market context.

The property at 1568 Murray Cir presents a development opportunity featuring a gutted Spanish-style duplex. The existing improvement includes two 2-bedroom units, each described in the remarks as approximately 1,500+ square feet, and the plan includes storybook balconies. The site is an oversized 9,000+ square foot corner lot with a noted landscape of cactus species, observation decks with views, and a freestanding two-car garage.

The property is located north of Sunset Boulevard and is approximately 0.7 miles from Sunset Junction, placing it within close reach of destinations along Sunset Boulevard.

According to the provided remarks, based on renovated units in the area, a future investor could potentially achieve approximately $4,900 per unit and generate an estimated $9,800 in gross monthly income.

Key Highlights

  • Gutted Spanish‑style duplex on an oversized 9,000+ SF corner lot
  • Two 2‑bedroom units with approx. 1,500+ SF each (existing improvements included)
  • Exterior storybook balconies and observation decks with views

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Pharmacy Accounting Firm Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,525
Businesses Nearby

Demographics for 90026, CA

63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - A gutted Spanish-style duplex on an oversized corner lot with two 2-bedroom units and exterior observation decks.
Where is this duplex located?
The property is located at 1568 Murray Cir Los Angeles, CA.
What are key features of this property?
This property features: Gutted Spanish‑style duplex on an oversized 9,000+ SF corner lot; Two 2‑bedroom units with approx. 1,500+ SF each (existing improvements included); Exterior storybook balconies and observation decks with views
(310) 230-5478 Call to check price and availability
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