5748 Morley Street, Los Angeles, CA 90045 - Berkshire Hathaway HomeServices California Properties
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5748 Morley Street, Los Angeles, CA 90045

$1,249,000 Approx. USD 4 beds, 3 baths
2,280 sqft

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Listing Agent


David Messiah | david.messiah@lyonstahl.com
Lic#: 02117893
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Agent Remarks

** 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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25492937
List price is $1,249,000 Reduced by $46,000 on 3/11/2025
Price: $1,249,000
Beds: 4
Baths: 3
Built in 1950
2,280 sqft
0.16 acres
Lot size: 0.1576
County: Los Angeles
Zoning: LAR3
Appliances: Refrigerator
Parking description: Carport,Door-Multi,Garage
MLS area: C29 - Westchester

Last Updated: 4/8/2025

 Days On Market (DOM): 68

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This listing belongs to the C29 - Westchester MLS area

Lat/Long: 33.953530, -118.382144.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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