1568 Murray Cir Los Angeles, CA 90026

Multi-Family (2-4 Units) MLS #: 22-203605 Courtesy Of Compass

$1,950,000

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Estimated monthly payments: $8,524/mo.* (recalculate)

Property InformationDescription

1568 Murray Circle is a Silver Lake development opportunity featuring a gutted Spanish-style duplex on an oversized 9,000+ SF corner lot. Located north of Sunset Boulevard and 0.7 miles from Sunset Junction, the subject property is in the heart of a trendy and vibrant community that offers residents a walkable commute to a wide array of beloved hotspots along Sunset Boulevard. Current improvements of this development opportunity include a gutted Spanish-style duplex comprised of (2) 2-bdrm. units (approx. 1,500+ SF each) that feature storybook balconies on a 9,000+ SF each. Based on renovated units in the area, we believe a future investor could achieve approx. $4,900 per unit and generate $9,800 in gross monthly income. Additionally, the lot features a wide array of cactus species, observation decks with views and a freestanding two-car garage. 1568 Murray Circle offers investors a blank slate to develop an income property with great architectural features that is located in the heart of a highly-desirable rental market that will be coveted by high-income young professionals and families for years to come.
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Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Parking Type: Covered, Garage, Side by Side
  • Roof Type: Unknown

MAP & DIRECTIONS

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1568 Murray Cir, Los Angeles, CA 90026
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School Information

1568 Murray Cir, Los Angeles, CA 90026

Elementary School
Grades K-5 | Public School
MICHELTORENA STREET ELEMENTARY SCHOOL
Los Angeles, CA 90026
1511 MICHELTORENA ST
323-661-2125
Distance: 0.1 mi
School Rating
Student:Teacher Ratio
19:1
Total Students
410
Middle School
Grades 6-8 | Public School
THOMAS STARR KING MIDDLE SCHOOL
Los Angeles, CA 90029
4201 FOUNTAIN AVE
323-644-6700
Distance: 0.6 mi
School Rating
Student:Teacher Ratio
32:1
Total Students
2000
High School
Grades 9-12 | Public School
JOHN MARSHALL SENIOR HIGH SCHOOL
Los Angeles, CA 90027
3939 TRACY ST
323-671-1400
Distance: 1.4 mi
School Rating
Total Students
2224
Other Nearby Schools Distance Type Grades School Rating
St. Francis Of Assisi Elementary School 0.2 mi Catholic PRESCHOOL-8
The Best Start Preparatory Academy 0.6 mi Private K-12
Mayberry Street Elementary School 0.6 mi Public PRESCHOOL-5
St. Teresa Of Avila Elementary School 0.8 mi Catholic PRESCHOOL-8
Lockwood Avenue Elementary School 0.9 mi Public PRESCHOOL-6
Clifford Street Elementary School 0.9 mi Public K-5
Lexington Avenue Primary Center 0.9 mi Public PRESCHOOL-2
Camino Nuevo Charter Academy No. 4 1.0 mi Public K-8
Dayton Heights Elementary School 1.0 mi Public PRESCHOOL-5
Blind Childrens Center, Inc 1.0 mi Private PRESCHOOL-2
Vista Charter Middle School 1.1 mi Public 6-8
Camino Nuevo High No. 2 1.1 mi Public 9-12
Logan Academy Of Global Ecology 1.1 mi Public PRESCHOOL-8
Gabriella Charter School 1.1 mi Public K-8
Lycee International De Los Angeles School 1.1 mi Private PRESCHOOL-5
Rosemont Avenue Elementary School 1.2 mi Public 2-5
New Village Girls Academy 1.3 mi Public 9-12
Central City Value School 1.3 mi Public 9-12
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90026

Median Age: 38.4
Married: 24.6%
Number of Households: 25,791
Households with Children: 4,828
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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