5748 Morley Street
Los Angeles, CA 90045
- – beds
- – baths
- – sqft
- 6,866 sqft lot
- 1950 build
- – on site
** ONE VACANT UNIT & 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, offering a great opportunity for investors or owner-occupants. Located south of Manchester Ave and west of the 405 freeway, 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 7.92% cap rate, 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.
Last checked:
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Last updated Mar 11, 2025
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MLS# 25492937 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1950
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New Construction:No
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Building Area Total:2280.00
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Total Number Of Units:3
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# of Buildings:1
Interior
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Levels:Multi/Split
Location
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Directions:South of Manchester, West of the 405, North of Century Blvd
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Latitude:33.95353000
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Longitude:-118.38214400
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:6866.0000
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Lot Size Acres:0.1576
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Lot Size SqFt:6866.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4125011017
Appliances
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Appliances:Refrigerator
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Carport, Garage - Three Door
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Parking Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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3/11/25
Mar 11, 2025
|
Price Changed | CRMLS_CA | $1,249,000 | -3.6% |
2/3/25
Feb 3, 2025
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Listed / Active | CRMLS_CA | $1,295,000 | 10.2% (2.8% / YR) |
6/9/21
Jun 9, 2021
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CRMLS_CA | $1,175,000 | -2.0% |