$1,150,000
 $6,173 est/mo Sourced by Back At You

5400 Thornburn Street , Los Angeles, CA 90045

Los Angeles, CA 90045

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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.

Details

MLS#23330081
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1950
Days On Site466
Listing Provided ByAvenue Realty Group 310-310-8624 | Jonathan Rawson

Features

Bed(s)4
Bath(s)3
SQ Feet2,087
Story(s)1
Units3
Building(s)2
ZoningLAR3
Acreage0.30

Market Activity 90045

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90045
AreaC29 Westchester
Listing VS Median (in 90045)
Price:
$1,150,000
low | high
Med:
$1,669,500
4.826086956522% of Average
SqFt:
2,087
low | high
Med:
1,738
66.722568279827% of Average
$ / SqFt:
$551
low | high
Med:
$967
25.480628173073% of Average
On Site:
466
low | high
Med:
31.500000
100% of Average
Sourced by Back At You
Listing Updated: January 7, 2025 at 6:12:59 PM PST
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