5400 Thornburn Street

Los Angeles, CA 90045

$1,150,000

List Price

4

bed Beds

3

shower Baths

2,087 sqft

straighten / sqft

1950

calendar_month Built

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.

Listing Information

List Price $1,150,000
Status Active Under Contract
MLS 23330081
Type Residential Income
Year Built 1950
Lot Size 12,931
Structure Size 2,087
DOM 279
Courtesy Of Avenue Realty Group
Listing Agent Jonathan Rawson DRE#02010400

Interior Features

Total Bedroom
Bedrooms 4
Total Bathroom
Bathrooms 3

Exterior Information

Maps

Listing information courtesy of: Jonathan Rawson, Avenue Realty Group . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:46 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.