**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.

Listing courtesy of David Messiah of Lyon Stahl Investment Real Estate, Inc.

Based on information from the The MLS as of 2026-07-27 04:05 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.