5748 Morley Street

Property Overview

**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.

Home Details

Property type: Residential Income
Year built: 1950
Living area: 2,280 sq ft
Lot size: 6,866 sq ft
Parking: 6 spaces
Days on market: 8
MLS status: Active
Zoning: LAR3

Features & Amenities

Appliances

Refrigerator

Parking

Carport
Door Multi
Garage

Location & Neighborhood

Los Angeles, CA 90045

Open in Google Maps Open in Apple Maps

Frequently Asked Questions About 5748 Morley Street

Property type: Residential Income

The current asking price is $995,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 5748 Morley Street. Our team will confirm availability and timing.

This 4 bedrooms and 3 bathrooms property offers approximately 2,280 square feet of living space. It was built in 1950. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 8 days. Status can change, so verify availability before relying on it.