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5748 Morley St, Los Angeles, CA 90045
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5748 Morley St Los Angeles, CA 90045

$1,175,000 Sold Price as of 06/09/2021
  • 4 Beds
  • 3 Baths
  • 2,280 Sq.Ft.
Sold
$1,175,000 Sold Price as of 06/09/2021 Refinance Your Mortgage
Map preview of 5748 Morley St, Los Angeles, CA 90045

Property Overview: 5748 Morley St Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,280 living square feet and 6,864 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Nice 3 unit building in Westchester. Close to LAX. Fully rented and all tenants are current. Two units have been updated. the pictures are from when you units last vacated. Well maintained. Excellent Opportunity for Developers, Builders & Investors!!! (Zoned LAR3). Drive by only. No Sign on Property. Inside with accepted offer.

Listed by David Rosenfeld | BRE #01109090 | Advantage Real Estate
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
6,864
HOA Dues
$0/mo
Year built
1950
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
21712116
City
Los Angeles
County
Los Angeles
Time on Site
1122 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,124
  • Total Rent: $1,124
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $2,195
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 21.19
  • Gross Scheduled Income: --
  • Net Operating Income: $36,989
  • Gross Operating Income: $56,578
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $14,988
  • Insurance: $1,702
  • Water/Sewer: $1,699

Property Details for 5748 Morley St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Disposal, Range
Interior Features
  • Levels: Multi/Split
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Front Yard
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 4125011017
  • Architectural Style: Traditional
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: Take Manchester to Ramsgate Avenue, go south to Morley Street. Ramsgate turns and becomes Ramsgate.
View more facts & features

Local Los Angeles Agent

Sale History for 5748 Morley St

Last sold for $1,175,000 on June 9th, 2021

  • June, 2021

  • Jun 12, 2021

    Date

    Sold

    CRMLS: 21712116

    $1,175,000

    Price

  • May 12, 2021

    Date

    Active Under Contract

    CRMLS: 21712116

    $1,199,000

    Price

  • Apr 5, 2021

    Date

    Active

    CRMLS: 21712116

    $1,199,000

    Price

  • October, 2014

  • Oct 14, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2013

  • Jul 8, 2013

    Date

    Sold (Public Records)

    Public Records

    $452,000

    Price

Show More

Tax History for 5748 Morley St

Assessed Value (2020): $506,638
Year Land Value Improved Value Assessed Value
2020 $224,176 $282,462 $506,638

Home Value Compared to the Market

This property vs the competition

5748 Morley St sold on June 9, 2021 for 14.19% higher than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $525.88 per/sqft which puts the price per square foot 28.74% lower than the current median sale per square foot for the city of Los Angeles.

About 5748 Morley St

Detailed summary of property

5748 Morley St is a multi family that recently sold in Los Angeles, CA 90045. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 2,280 living square feet, and sits on an approximately 6,864 square foot lot. 5748 Morley St was first listed on ArdentRealEstateGroup.com on April 5, 2021. The homeowner sold the property for $1,175,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 14.19% higher than the current median priced home. Local homes that are currently for sale include 3961 S Centinela Ave, 4707 Crenshaw Blvd and 3313 W 48th St. While the average home in Los Angeles, CA is selling in 96 days, 5748 Morley St has a days on market of 29 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 5748 Morley St Los Angeles, CA 90045 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5748 Morley St

Public county record property details
Beds
4
Baths
3
Year built
1950
Sq. Ft.
2,280
Lot Size
6,864
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
41
APN
4125-011-017

The source for these homes facts are from public records.

90045 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,649,000
Median List Price/Sq.Ft.
$876
Median Sold Price
$1,510,000
Median Sold Price/Sq.Ft.
$880
Total Inventory
92
Median Sale to List Price %
103.78%
Avg Days on Market
37
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (28.57%), Other (7.14%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 5748 Morley St

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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