1684 Murchison St Los Angeles, CA 90033-1136
Property profile & analytics
1684 Murchison St Los Angeles, CA 90033-1136
- Apartment buildings
- 12,052 SF
- 0.34 lot acres
Property ID
US09-8504946
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Los Ángeles / Hotel & Motel / Bed & Breakfast
Property Details for 1684 Murchison St
- Year built
- 1965
- Lot size
- 0.34 lot acres
- Property size
- 12,052 SF
- Zone code
- LARD2
- Property type
- Apartment buildings
- APN
- 5202-023-001
- APU
- 5202023001
Description
This exceptional 18-unit apartment building at 1684 Murchison St, Los Angeles, CA 90033, presents a compelling investment opportunity. Boasting 12,052 square feet on a 14,871 square foot lot (APN 5202-023-001), this property features a mix of fourteen 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units. The building underwent significant renovations in 2022, including a complete roof replacement and a soft story retrofit, ensuring long-term structural integrity. All units are individually metered for gas and electricity, optimizing tenant cost management. The property's central location offers convenient access to major freeways (10, 5, and 101), placing tenants within easy reach of Downtown Los Angeles' employment and entertainment hubs. Furthermore, its proximity to Keck Medical Center of USC, USC Health Sciences Campus, LAC+USC Medical Center, and California State University, Los Angeles (a short 5-minute drive) guarantees high occupancy rates and strong rental demand. The asking price is $3,875,000, representing a price per unit of $215,278 and a current cap rate of 4.05%, with a pro-forma cap rate of 8.54%. The current NOI is $157,131, and the pro-forma NOI is $330,986. This property is zoned LARD2. This is a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a prime Los Angeles location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,995,000
- ML approach
- $2,990,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,316,000
Market price range: $1.07M - $3.32M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $2,430,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $5,105,000 Change: +110% Conversion: Difficult
- RETAIL STORES
- $4,950,000 Change: +104% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $3,410,000 Change: +40% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.194
- Latitude
- 34.062
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$46,097
$2,210,850
$1,460,310
$3,671,160
-
$0.00
$0.00
$0.00
