5748 Morley Street, Los Angeles, CA 90045
-
Listed Price :
$1,249,000
-
Beds :
4
-
Baths :
3
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Property Size :
2,280 sqft
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Year Built :
1950
Property Description
** ONE VACANT UNIT & TWO VACANT GARAGES** 5748 Morley St is a 2,280-square-foot, 3-unit apartment building situated on a 6,864-square-foot LAR3 TOC Tier 3 lot, offering a great opportunity for investors or owner-occupants. Located south of Manchester Ave and west of the 405 freeway, the property is in a rapidly evolving pocket of Westchester, where new development continues to enhance the neighborhood's appeal.The building includes two 1-bed/1-bath units, one of which has been remodeled and is VACANT, along with a 2-bed/1-bath unit. Additionally, there are three garages, two of which are VACANT, offering potential for storage or conversion. With the passing of SB 1211, up to three ADUs can be added, creating an opportunity to increase rental income. Factoring in construction costs, the property is projected to operate at a 7.92% cap rate, making it an attractive value-add investment. This pocket is experiencing significant growth, with multiple new developments in progress (highly recommend driving by). This would be perfect for an owner occupant or an investor looking to add value.
Interior Features
| Bedroom Information |
| Bedrooms |
4 |
| Bathroom Information |
| Bathrooms |
3 |
Listing Information
| Address |
5748 Morley Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90045 |
| County |
Los Angeles |
| Listing Agent |
David Messiah DRE #02117893 |
| Courtesy Of |
Lyon Stahl Investment Real Estate, Inc. |
| List Price |
$1,249,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
2,280 |
| Lot Size |
6,866 |
| Year Built |
1950 |
Listing information courtesy of: David Messiah, Lyon Stahl Investment Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 11th, 2025 at 9:56 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
