5400 Thornburn Street, Los Angeles, CA 90045 - Berkshire Hathaway HomeServices California Properties
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5400 Thornburn Street, Los Angeles, CA 90045

$1,150,000 Approx. USD 4 beds, 3 baths
2,087 sqft
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Listing Agent


Jonathan Rawson | jon@avenuerg.com
Lic#: 02010400
Broker: Courtesy of Avenue Realty Group

Agent Remarks

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 Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# 23330081
Price: $1,150,000
Beds: 4
Baths: 3
Built in 1950
2,087 sqft
0.30 acres
Lot size: 0.2969
County: Los Angeles
Zoning: LAR3
Parking description: Assigned,Door-Single,Garage
Heating description: Wall Furnace
MLS area: C29 - Westchester

Last Updated: 10/1/2024

 Days On Market (DOM): 279

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This listing belongs to the C29 - Westchester MLS area

Lat/Long: 33.971472, -118.375000.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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