5746 Morley St | Los Angeles, CA 90045
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- LoopNet Team
5746 Morley St
Los Angeles, CA 90045
Multifamily Property For Sale
·
3 Units
Investment Highlights
- ONE VACANT UNIT & TWO VACANT GARAGES
- With the passing of SB 1211, up to three ADUs can be added, creating an opportunity to increase rental income.
- This pocket is experiencing significant growth, with multiple new developments in progress (highly recommend driving by).
- 6,864-square-foot LAR3 TOC Tier 3 lot
- Projected to operate at a 9.02% cap rate and a 8.70 GRM, making it an attractive value-add investment.
- This would be perfect for an owner occupant or an investor looking to add value.
Property Facts
| No. Units | 3 | Building Size | 2,280 SF |
| Property Type | Multifamily | Average Occupancy | 66% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1950 |
| Lot Size | 0.16 AC | ||
| Zoning | LAR3 - restricted Density Multiple Dwelling | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.16 AC |
| Building Size | 2,280 SF |
| Average Occupancy | 66% |
| No. Stories | 2 |
| Year Built | 1950 |
| Zoning | LAR3 - restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 1 | - | - |
Property Taxes
| Parcel Number | 4125-011-017 | Improvements Assessment | $308,492 |
| Land Assessment | $963,364 | Total Assessment | $1,271,856 |
Property Taxes
Parcel Number
4125-011-017
Land Assessment
$963,364
Improvements Assessment
$308,492
Total Assessment
$1,271,856
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