5748 Morley Street, Los Angeles, CA 90045
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
5748 Morley Street,Los Angeles, CA 90045
$995,000
- 4 Beds
- - Baths
- 2,280 sq. ft.
- Multi-family
- Active
Listed by: david messiah
Office: lyon stahl investment real estate, inc.
MLS#:CL26854275
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$995,000
- Price per sq. ft.:$436.4
About this home
**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, offered at $995,000. The property presents investors with a 5.07% current cap rate, 13.51 current GRM and approximately 23% rental upside. Located south of Manchester Ave and west of the 405 Freeway, the property sits in a rapidly evolving pocket of Westchester where new development continues to improve the neighborhood's appeal. The building consists of two 1-bed/1-bath units and one 2-bed/1-bath unit. Additionally, the property includes three garages, two of which are vacant, creating potential for storage, additional rental income, or future conversion. With the passing of SB 1211, there may be an opportunity to add up to three ADUs, creating a path to increase rental income and long-term value. This pocket continues to experience significant growth, with multiple new developments recently completed and in progress. 5748 Morley St is a strong value-add opportunity for an investor looking for existing income, rental upside, and future development potential in Westchester....
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Home facts
- Year built:1950
- Listing ID #:CL26854275
- Added:47 day(s) ago
- Updated:August 24, 2026 at 02:34 PM
Rooms and interior
- Bedrooms:4
- Living area:2,280 sq. ft.
Structure and exterior
- Year built:1950
- Building area:2,280 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$436.4
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