Los Angeles, CA 90045,5746 Morley St
Los Angeles, CA 90045,5746 Morley St
Los Angeles, CA 90045,5746 Morley St
9
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$1,195,000
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4 Beds
3 Baths
2,280 SqFt
New

5746 Morley St Los Angeles, CA 90045

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,280 sqft

Price per Sqft $524

MLS Listing ID 25531009

Bedrooms 4

Lot Size 6,866 Sqft

Property Sub-Type Multi-Family

Property Description

** ONE VACANT UNIT & TWO VACANT GARAGES** 5746 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. 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 9.02% cap rate and a 8.70 GRM, 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.

Location

State CA

County Los Angeles

Area Westchester

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Range/Oven, Refrigerator

Exterior

Parking Features Garage - 3 Car

Garage Spaces 6.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

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agent

INA MEDINA

BROKER - SALESPERSON | RE.BS.0146850

+1(702) 927-0612

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5746 Morley St