Search
1441 Murchison St, Los Angeles, CA 90033
Image 2 for 1441 Murchison St, Los Angeles, CA 90033
Image 3 for 1441 Murchison St, Los Angeles, CA 90033
View Photos

1441 Murchison St Los Angeles, CA 90033

$1,295,000
  • 14 Beds
  • 7 Baths
  • 4,898 Sq.Ft.
For Sale
$1,295,000 Get Pre-Qualified
Map preview of 1441 Murchison St, Los Angeles, CA 90033

Property Overview: 1441 Murchison St Los Angeles, CA has 14 bedrooms, 7 bathrooms, 4,898 living square feet and 7,502 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Listed by Tony Azzi | BRE #00910513 | Tony Azzi
Last checked: 15 minutes ago | Last updated: August 7th, 2024 | Source CRMLS | DOM: 54
Get a $3,885 Cash Reward New

Buy this home with Ardent Real Estate Group and get $3,885 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
7,502
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24418739
City
Los Angeles
County
Los Angeles
Time on Site
57 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 7
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,629
  • Total Rent: $11,402
  • Pro Forma/Market Rent: $19,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.73%
  • Gross Rent Multiplier: 9.46
  • Gross Scheduled Income: --
  • Net Operating Income: $87,184
  • Gross Operating Income: $136,825
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1441 Murchison St

No upcoming open houses

Schedule Tour

Property Details for 1441 Murchison St

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 7
  • Parcel Number: 5202012033
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North Of Lancaster Avenue, South of Alcazar Street, West of N Evergreen Street, East of Tremont St
View more facts & features

Local Los Angeles Agent

Sale History for 1441 Murchison St

Last sold for $1,200,000 on April 30th, 2018

  • July, 2024

  • Jul 23, 2024

    Date

    Active

    CRMLS: 24418739

    $1,295,000

    Price

  • October, 2018

  • Oct 23, 2018

    Date

    Expired

    CRMLS: 18352314

    $1,395,000

    Price

  • Jul 10, 2018

    Date

    Price Change

    CRMLS: 18352314

    $1,395,000

    Price

  • Jun 7, 2018

    Date

    Active

    CRMLS: 18352314

    $1,495,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2018

  • May 2, 2018

    Date

    Sold

    CRMLS: 18303280

    $1,200,000

    Price

  • Mar 2, 2018

    Date

    Pending

    CRMLS: 18303280

    $1,250,000

    Price

  • Feb 19, 2018

    Date

    Price Change

    CRMLS: 18303280

    $1,250,000

    Price

  • Jan 29, 2018

    Date

    Active Under Contract

    CRMLS: 18303280

    $1,298,000

    Price

  • Jan 17, 2018

    Date

    Active

    CRMLS: 18303280

    $1,298,000

    Price

  • Listing provided courtesy of CRMLS

    A 7 unit multifamily property with substantial rent upside located in the desirable and rapidly growing Boyle Heights neighborhood of Los Angeles. Two of the 7 units are vacant- with all units consisting of two-bedrooms/one-bathroom. The property is well-positioned for an investor to capitalize on recent rent growth in the submarket. Along with a potential additional income stream from the building's on-site laundry facility, there are two parking garages aside from the other open parking spaces. With current rents at half of market rates and two vacant units, there is plenty of room for immediate income growth for a new investor. Murchison Street provides tenants easy access to the 5, 10, and 710 Freeways. The property sits within walking distance to the Keck Hospital and School of Medicine USC and a short drive to the Los Angeles County+USC Medical Center and Cal State LA- perfect for young professionals. Local attractions include Dodgers Stadium, LA Live, DTLA nightlife, and more.

  • April, 2018

  • Apr 30, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,200,000

    Price

Show More

Tax History for 1441 Murchison St

Assessed Value (2020): $1,248,480
Year Land Value Improved Value Assessed Value
2020 $749,088 $499,392 $1,248,480

Home Value Compared to the Market

This property vs the competition

1441 Murchison St is listed 7.92% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $264.39 per/sqft which puts the price per square foot 65.57% lower than the median price per square foot for the city of Los Angeles.

About 1441 Murchison St

Detailed summary of property

1441 Murchison St is a multi family located in Los Angeles, CA 90033 and is currently for sale. This multi family property offers 14 bedrooms, 7 bathrooms, roughly 4,898 living square feet, and sits on an approximately 7,502 square foot lot. 1441 Murchison St was first listed on ArdentRealEstateGroup.com on July 23, 2024. The homeowner is currently asking $1,295,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 7.92% higher than the median priced home. Local competing homes currently for sale include 127 N Savannah St, 531 Brittania St and 1137 Miller Ave. While the average home in Los Angeles, CA is selling in 106 days, 1441 Murchison St has a days on market of 54 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1441 Murchison St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1441 Murchison St

Public county record property details
Beds
14
Baths
7
Year built
1965
Sq. Ft.
4,898
Lot Size
7,499
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5202-012-033

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$444
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$700
Total Inventory
8
Median Sale to List Price %
96.35%
Avg Days on Market
30
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (40%)

Tour This Home

Buy with Ardent Real Estate Group and save $3,885.

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823
Get a $3,885 Cash Reward New

Buy this home with Ardent Real Estate Group and get $3,885 back.

Call/Text (714) 706-1823

Homes for Sale Near 1441 Murchison St

Nearby Homes for Sale

2737 Pomeroy Ave, Los Angeles, CA 90033
$1,250,000
8 Beds
5 Baths
3115 Sq.Ft.
2737 Pomeroy Ave
Los Angeles, CA 90033
2437 Houston St, Los Angeles, CA 90033
$1,549,500
8 Beds
6 Baths
3170 Sq.Ft.
2437 Houston St
Los Angeles, CA 90033
608 N Breed St, Los Angeles, CA 90033
$1,175,000
9 Beds
4 Baths
3330 Sq.Ft.
608 N Breed St
Los Angeles, CA 90033
Open Today 11am-2pm
1914 Thomas St, Los Angeles, CA 90031
$1,125,000
5 Beds
3 Baths
1636 Sq.Ft.
1914 Thomas St
Los Angeles, CA 90031
3820 City Terrace Dr, Los Angeles, CA 90063
$1,150,000
8 Beds
5 Baths
2440 Sq.Ft.
3820 City Terrace Dr
Los Angeles, CA 90063
929 N Rowan Ave, Los Angeles, CA 90063
$1,100,000
7 Beds
4 Baths
2496 Sq.Ft.
929 N Rowan Ave
Los Angeles, CA 90063
2522 Michigan Ave, Los Angeles, CA 90033
$1,490,000
6 Beds
4 Baths
3732 Sq.Ft.
2522 Michigan Ave
Los Angeles, CA 90033
244 N Chicago St, Los Angeles, CA 90033
$1,390,000
8 Beds
5 Baths
3741 Sq.Ft.
244 N Chicago St
Los Angeles, CA 90033

Recently Sold Homes Near 1441 Murchison St

2721 Lancaster Ave, Los Angeles, CA 90033
$670,000 Last Sold Price
8 Beds
4 Baths
2822 Sq.Ft.
2721 Lancaster Ave
Los Angeles, CA 90033
1440 Tremont St, Los Angeles, CA 90033
$1,300,000 Last Sold Price
14 Beds
7 Baths
4836 Sq.Ft.
1440 Tremont St
Los Angeles, CA 90033
2562 Lancaster Ave, Los Angeles, CA 90033
$630,000 Last Sold Price
6 Beds
3 Baths
1496 Sq.Ft.
2562 Lancaster Ave
Los Angeles, CA 90033
1450-1454 Ricardo St, Los Angeles, CA 90033
$1,100,000 Last Sold Price
7 Beds
6 Baths
4026 Sq.Ft.
1450-1454 Ricardo St
Los Angeles, CA 90033

Related Resources to 1441 Murchison St

New Listings in 90033
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Call