5734 Morley,Los Angeles, CA 90045
Los Angeles, CA 90045
Description
An extraordinary opportunity awaits in the highly desirable Westchester neighborhood of West Los Angeles. Ideally suited for an owner-operator, first time investor, or developer. This four-unit apartment property combines immediate income potential with significant opportunities to potentially enhance future value with ADU's or additional units. Exceptional Owner-User & Investment Opportunity. The property consists of four one-bedroom, one-bath units. Individual front doors and rear entrances into the kitchens add convenience and privacy for residents. Thoughtful property improvements include sound-reducing dual-pane windows, sound-reducing front and rear exterior doors, refreshed interiors, attractive landscaping, a dedicated laundry facility, and four enclosed single-car garages with overhead door openers. For investors and developers seeking additional upside, the property may also offer potential for the addition or conversion of ADUs, subject to applicable state and local laws, zoning, approvals, and feasibility. The existing garages and property configuration create an intriguing opportunity to explore ways to further maximize the site's income-producing potential. Westchester continues to benefit from its strong demographics, high rental demand, and exceptional location. The surrounding community offers convenient access to major employment centers, educational institutions, recreation, shopping, dining, transportation corridors, and the greater Westside. For the owner-user or investor looking to establish a foothold in one of West Los Angeles' most desirable and strategically located communities, this fourplex presents an exceptional opportunity to create both immediate and long-term value.
Details
| MLS # | SB26182215 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 7 |
| Listing Provided By | Keller Williams Realty | Ann Michele Brown |
Features
| SQ Feet | 2,416 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.16 |
Exterior
| Lot Features | Front Yard, Landscaped, Near Public Transit, Street Level |
|---|
Parking
| Parking Features | Assigned, Door Single, Garage, Garage Door Opener, Off Street, Private |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs, Gutters, Street Lights, Sidewalks, Urban |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90045 |
| Area | C29 Westchester |
| Listing VS Median (in 90045) | |
Price: $1,550,000 low | high Med: $1,550,000 sqft: 2,416 low | high Med: 2,416 $ / sqft: $642 low | high Med: $642 On site: 7 low | high Med: 7 | |
Market Activity 90045
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90045 |
| Area | C29 Westchester |
| Listing VS Median (in 90045) | |
Price: $1,550,000 low | high Med: $1,550,000 sqft: 2,416 low | high Med: 2,416 $ / sqft: $642 low | high Med: $642 On site: 7 low | high Med: 7 | |
