5400 Thornburn Street Los Angeles, CA $ 1,150,000
5400 Thornburn Street
$ 1,150,000
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5400 Thornburn Street

Los Angeles, CA, 90045
$ 1,150,000
Bedrooms4 Baths3.0 Sq 2,087

Monthly Estimate*

$ 8,033

Listed by Avenue Realty Group
5400 Thornburn Street, Los Angeles, CA 90045 - Image 1
5400 Thornburn Street, Los Angeles, CA 90045 - Image 2
5400 Thornburn Street, Los Angeles, CA 90045 - Image 3
5400 Thornburn Street, Los Angeles, CA 90045 - Image 4
5400 Thornburn Street, Los Angeles, CA 90045 - Image 5
5400 Thornburn Street, Los Angeles, CA 90045 - Image 6
5400 Thornburn Street, Los Angeles, CA 90045 - Image 7
5400 Thornburn Street, Los Angeles, CA 90045 - Image 8
5400 Thornburn Street, Los Angeles, CA 90045 - Image 9

Multi-Family Home for sale in Los Angeles, CA

for $1,150,000 with 4 bedrooms and 3 full baths. This 2,087 square foot home was built in 1950 on a lot size of 0.2969.

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.

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Multi-Family Active

Price

$ 1,150,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2969

Year Built

1950

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23330081

Days on Market

183

Features
General
Heating WallFurnace
Zoning LAR3
Year Built 1950
Tenant Pays Electricity Gas TrashCollection
Levels MultiSplit
Gross Income 75240.0
County Los Angeles
Net Operating Income 50660.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage Y
Garage Y/N N
Special Listing Conditions Standard
Status ActiveUnderContract
Directions South of La Tijera North of La Cienega East of 405
City Los Angeles
View Y/N N
Senior Community Y/N N
Total Units 3
MLS Area C29 - Westchester
Lot Size Square Feet 12931.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Thornburn
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 42
Standard Status ActiveUnderContract
Cap Rate 4.41
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Exterior
Parking Features Assigned DoorSingle Garage
Total Parking 3.0
Lot Size Area 12931.0
Number of Buildings 2
Spa N
Building Area Total 2087.0
Lot Size Acres 0.2969
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Street
Total Bedrooms 4
Electric On Property Y/N N
Total Baths 3
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Internal Only
Street Number 1 5400
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* Excluded Features
List By
Avenue Realty Group

Broker

(310) 869-9137

Phone

Affordability Calculator

$8,033
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,033
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/9/2023$1,150,000 Listed Price

Map


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5400 Thornburn Street, Los Angeles, CA, 90045 is a Multi-Family Home for sale at $1,150,000 with 2,087 sqft and a lot size of 0.2969. 5400 Thornburn Street has 4 bedrooms, 3.0 baths, and was built in 1950. The property's zip code is 90045 which is in Los Angeles, CA