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5748 Morley Street
USD 1,295,000
Property ID: 25492937
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5748 Morley Street ,90045
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icon 6866 SqFt
icon Built in 1950
icon USD 189/SqFt
icon 4 Beds
icon 3 Full
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Location
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Interior Details
Bedrooms
4
Bathrooms
3
Interior Size
2280
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1950
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Detailed Introduction Of This Home
** 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 7.41% cap rate, making it an attractive value-add investment.This pocket is experiencing significant growth, with multiple new developments in progressincluding 16-unit projects at 8833 S Ramsgate Ave and 8900-8904 Ramsgate Ave, along with several others in the surrounding area. This would be perfect for an owner occupant or an investor looking to add value.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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5748 Morley Street
USD 1,295,000 4 Beds
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