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.
Property Details
Price:
$1,150,000
MLS #:
23330081
Status:
Active Under Contract
Baths:
0
Address:
5400 Thornburn Street
Type:
Residential Income
Neighborhood:
c29westchester
City:
Los Angeles
Listed Date:
Nov 8, 2023
State:
CA
ZIP:
90045
Lot Size:
12,931 sqft / 0.30 acres (approx)
Year Built:
1950
See this Listing
Mortgage Calculator
Schools
Interior
Heating
Wall Furnace
Exterior
Parking Features
Assigned, Garage – Single Door
Parking Spots
3.00
Stories Total
1
Financial
Tenant Pays
Gas, Electricity, Trash Collection
Map
Community
- Address5400 Thornburn Street Los Angeles CA
- AreaC29 – Westchester
- CityLos Angeles
- CountyLos Angeles
- Zip Code90045
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Courtesy of Avenue Realty Group. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
5400 Thornburn Street
Los Angeles, CA
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