Los Angeles, CA 90045,5400 Thornburn St
Los Angeles, CA 90045,5400 Thornburn St
Los Angeles, CA 90045,5400 Thornburn St
9
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$1,150,000
Est. payment /mo
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4 BD
3 BA
2,087 SqFt
Active Under Contract

5400 Thornburn St Los Angeles, CA 90045

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UPDATED:

12/20/2023 06:20 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,087 sqft

Price per Sqft $551

MLS Listing ID 23-330081

Bedrooms 4

Year Built 1950

Lot Size 0.297 Acres

Acres 0.2969

Property Description

This is a unique opportunity to buy a triplex in high-in-demand Westchester, with 2 of 3 units delivered vacant. Located on a large 12,929 SF lot that's zoned LAR3, there's even more development potential as the Seller owns and is selling 1.49 acres of vacant land located directly behind 5400 Thornburn Street for $850,000. The triplex and vacant land can be sold together or separate, and Seller Financing may be available for both. Tenants are centrally located near the 405 Freeway Entrance/Exits and Metro Lines, and just minutes away from SoFi Stadium, Intuit Dome, Hollywood Park Casion, The Forum, Playa Vista, Kenneth Hahn, and much more. The next owner can consider doing a lot line adjustment between the triplex and vacant land to connect the two and create a large parcel assemblage for re-development. There are 3 on-site garages that can be explored converting into a large ADU to turn the triplex into 4 units and add substantial income. Tenants pay for gas, electricity and trash, and Landlord pays for water & sewer.

Location

State CA

County Los Angeles

Area Westchester

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Equipment None

Exterior

Parking Features Assigned, Garage - 1 Car, Garage Is Attached

Garage Spaces 3.0

Building

Story 1

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Avenue Realty Group

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Joshua Shorter

RE.S.0191694

+1(702) 728-0089

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5400 Thornburn St