5748 Morley St, Los Angeles, CA, 90045

USD 995,000
For Sale

Property Details

Bedrooms

4

Bathrooms

3

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 4 • Bathrooms: 3 • Square Feet: 2280 • Lot/Size: 6,866 sqft lot

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

Location

Address

5748 Morley St, Los Angeles, CA, 90045

City

Los Angeles

Features and Finishes

Year Built: 1950; [object Object]; [object Object]; [object Object]

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