5400 Thornburn Street
Los Angeles, CA, 90045
$1,150,000
Beds
0 Baths
SqFt
0.3 Acres
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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
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Parking Features
Assigned, Garage – Single Door
Parking Spots
3.00
Stories Total
1

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Gas, Electricity, Trash Collection

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5400 Thornburn Street
Los Angeles, CA