5400 Thornburn St, Los Angeles, CA 90045

$1,150,000
4
BD
3
BA
2,087
SqFt

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List Price
$1,150,000
MLS#
23-330081
Year Built
1950
Bedrooms
4
Bathrooms
3
Living Sq. Ft
2,087
Lot Size
12,931
Days on Market
42
Property Type
Multifamily
Stories
1

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.

Additional Information

Other Buildings
None
Heat
Wall
Cooling
Ceiling Fan
Number of Cars in Garage
Assigned, Garage - 1 Car, Garage Is Attached

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Avenue Realty Group, Jonathan Rawson - CA DRE#02010400

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