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.
Under contract
$1,150,000
5400 Thornburn St, Los Angeles, CA 90045
4beds
3baths
2,087sqft
Est.:
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$551/sqft
$-- HOA
What's special
Large aduIntuit domePlaya vista
- 560 days
- on Zillow |
- 24 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: December 20, 2023 at 03:20am
Listed by:
Jonathan Rawson DRE # 02010400 310-869-9137,
Avenue Realty Group 310-433-4293
Source: CLAW,MLS#: 23-330081

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Wall
Cooling
- Ceiling Fan(s)
Interior area
- Total structure area: 2,087
- Total interior livable area: 2,087 sqft
Property
Parking
- Total spaces: 3
- Parking features: Assigned, Garage - 1 Car, Garage Is Attached
- Has attached garage: Yes
Features
- Levels: Multi/Split
- Stories: 1
Lot
- Size: 0.3 Acres
Details
- Additional structures: None
- Has additional parcels: Yes
- Parcel number: 4103022001
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1950
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $551/sqft
- Tax assessed value: $1,059,739
- Annual tax amount: $13,468
- Date on market: 11/8/2023
- Tenant pays: Gas, Electricity, Trash Collection
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