$1,150,000
4 Bed
3 Bath
2,087
0.30 Acre Lot

5400 Thornburn Street, Los Angeles, California 90045

  • Residential Income Property Type
  • 2,087 Square Footage
  • Garage Cars Garage
  • 1950 Year 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.

Basic Details
Residential Income
For Sale
23330081
$1,150,000
4
3
2,087
1950
0.30 Acre
Active Under Contract
Features
: Wall Furnace
: Garage, Door-Single, Assigned
$0
Address Map
CA
Los Angeles
Los Angeles
90045
Thornburn
5400
Street
W119° 37' 30''
N33° 58' 17.3''
South of La Tijera, North of La Cienega, East of 405
C29 - Westchester
LAR3
Additional Information
$0
$0
$0
$0
$0
1
2087
: Multi/Split
3
2023-11-08
1
Broker/Agent Information
Avenue Realty Group
Jonathan Rawson
Listing Information
CLW-C135603
CLW-X8278801
Active Under Contract
2024-09-30T18:46:42Z
CRMLS
: Standard
2023-12-20T03:31:54Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069