5400 Thornburn Street
$1,150,000
4
3
2,087
2,087
$551
Listed By Compass
Active Under Contract
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...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.
Listing Agent
Property Details for 5400 Thornburn Street
Zoning
LAR3
Parcel Number4103022001
Total Units3.0
Living Area2087
Source Living AreaVendor Enhanced
AreaWestchester (C29)
Vacancy Rate2 Units
Lot Size Area12931
LISTING UPDATED: 12/20/2023 11:20 AM
Property Details for 5400 Thornburn Street
Status | Active Under Contract |
---|---|
MLS # | 23-330081 |
Days on Market | 433 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1950 |
Lot Size | 0.30 AC / 12,931 SF |
County | Los Angeles County |
Building Information for 5400 Thornburn Street
Stories1Residences-Year Built1950Building Size-Lot Size0.30 AC / 12,931 SF
Property Information for 5400 Thornburn Street
Property History for 5400 Thornburn Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5400 Thornburn Street
Taxable ValueLand$648,560Additions$432,372Total$1,080,932
Tax Record2024$13,468 ($1,122 / month)
Home Facts
Total Finished SqFt2,087 SqFtAbove Grade Finished SqFt2,087 SqFtLot Size12,927 SqFtStyleTriplexYear Built1950ZoningLAR3CountyLOS ANGELESAPN4103-022-001
Schools near 5400 Thornburn Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Westport Heights Elementary School PublicK to 5 | ||
Orville Wright Engineering And Design Magnet Public6 to 8 | ||
Puc Lakeview Charter High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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