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$ 995,000
Est. payment | /mo
4 Beds
2,280 SqFt
$ 995,000
Est. payment | /mo
4 Beds
2,280 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,280 sqft
Price per Sqft $436
MLS Listing ID CL26854275
Bedrooms 4
HOA Y/N No
Year Built 1950
Lot Size 6,866 Sqft
Acres 0.16
Property Sub-Type OTHER
Property Description
**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.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Fireplace No
Exterior
Total Parking Spaces 6
Building
New Construction No
Others
Tax ID 4125011017
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by David Messiah • Lyon Stahl Investment Real Estate, Inc.
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