Step into the world of smart investing with this meticulously maintained multi-family property. Boasting a strategic location that promises both convenience and profitability, this property is a golden ticket for those looking to maximize their returns. Currently offering a whopping 4.93 Cap rate. rental income to long-term appreciation, this investment promises a wealth of opportunities for the discerning investor. We are proud to offer a newer 2023 built 12 Unit 5 story apartment building with roof top deck in Westchester. The occupants are paying for water, gas, sewer and electricity. The building is sub metered for water and hot water. Great unit mix of Seven 3br 2ba and Five 2br 2ba units. The building has an elevator for all 5 stories including the roof top deck. All units have large rooms and 1 balcony per unit. The units are equipped with stainless steel appliances and washer and dryer along with large windows for ample light in to the units. All units have central air condition and heating. All floors are built with trash Chutes for the convenience of the occupants. The building has a roof top deck with a panoramic view of the City and great to watch incoming airplanes. The building is a show piece with all the conveniences for the occupants with close proximity to Sofi Stadium, LAX, Fox hills mall, freeway access, restaurants and dock weiler beach. This is a great property to add to your Real Estate portfolio.
Property Details
Price:
$5,500,000
MLS #:
25531491
Status:
Active
Baths:
0
Address:
5506 THORNBURN Street
Type:
Residential Income
Neighborhood:
c29westchester
City:
Los Angeles
Listed Date:
Apr 28, 2025
State:
CA
ZIP:
90045
Lot Size:
9,832 sqft / 0.23 acres (approx)
Year Built:
2023
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Schools
Interior
Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Cooling
Central Air
Flooring
Laminate
Heating
Central
Laundry Features
Washer Included, Dryer Included, In Closet
Exterior
Architectural Style
Contemporary
Construction Materials
Metal Siding, Stucco
Parking Features
Assigned, Community Structure, Garage Door Opener
Parking Spots
16.00
Security Features
Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
Financial
Map
Community
- Address5506 THORNBURN Street Los Angeles CA
- AreaC29 – Westchester
- CityLos Angeles
- CountyLos Angeles
- Zip Code90045
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5506 THORNBURN Street
Los Angeles, CA
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