5748 Morley St, Los Angeles, CA, 90045
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Property Details
4
3
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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