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Pending

$1,150,000

2,087 sqft$551/sqft1096 days on market

5400 Thornburn Street

Los Angeles, CA 90045

· 8% down, 7% APR, 30yr fixed

4

Beds

3

Baths

2,087

Square feet

1950

Built

Listing narrative

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.

Listing agent (MLS): Jonathan Rawson · Listing brokerage (MLS): Avenue Realty Group

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,150,000

Beds

4 bd

Type

House

Home Size

2,087 sqft

Baths

3

Lot Size

0.30 acres

Year

1950

Status

Pending

Days on Market

1096

$ / Sqft

$551

· 8% down, 7% APR, 30yr fixed
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Courtesy of Avenue Realty Group