5506 Thornburn Street

Los Angeles, CA 90045

$6,499,000
Price
31
Beds
24
Baths
13,665 Sq. Ft.
$476 / Sq. Ft.
13,665
Sq. Ft.
$476
per Sq. Ft.

Description

We are proud to offer a newer 12 Unit 4 story apartment building with roof top deck in Westchester built in 2023. Great unit mix of Seven 3br 2ba and Five 2br 2ba units. The building has an elevator for all 4 stories plus 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...We are proud to offer a newer 12 Unit 4 story apartment building with roof top deck in Westchester built in 2023. Great unit mix of Seven 3br 2ba and Five 2br 2ba units. The building has an elevator for all 4 stories plus 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.
  1. Listed by Suminda Sellahewa • DRE #01155576 • Brokerage DRE #01155576 • Avarnka Real Estate, Inc.

Property Details for 5506 Thornburn Street

Water Front
None
Zoning
LAR3
Style
Contemporary
Cross Streets
La Tijera
Parcel Number
4103022009
Total Units
12.0
Living Area
13665
Source Living Area
Builder
LISTING UPDATED: 09/25/2024 12:01 AM

Property Details for 5506 Thornburn Street

StatusActive
MLS #24-442214
Days on Market68
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2023
Lot Size0.23 AC / 9,832 SF
CountyLos Angeles County

Building Information for 5506 Thornburn Street

Stories5Residences-Year Built2023Building Size-Lot Size0.23 AC / 9,832 SF

Property Information for 5506 Thornburn Street

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 12
  • Amenities: None
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Builder
  • Number Of Stories: 5
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • View: Yes
  • View Description: City, Panoramic
  • View: City Lights, Panoramic
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinklers, Smoke Detector, Exterior Security Lights
  • Direction Faces: East
  • Property Condition: New Construction
  • Sewer: In Street
  • Water Heaters: Yes
  • ADA Compliance: Yes
  • Additions Alterations: No
  • Water Heater Features: Central Water Heater, Gas
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $33,977
  • Gross Scheduled Income: $33,977
  • Cap Rate: 3.93%
  • Gross Rent Multiplier: $15.94
  • Actual Gross Annual Income: $407,724
  • Owner Pays: Gardener, Electricity, Water
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Additional Parcel Number: No
  • Alley: No
  • Paved: No
  • Lot Acreage: 0.2257
  • Lot Size Square Feet: 9832
  • Lot Features: Landscaped
  • Lot Description: Landscaped
Parking Details
Parking Details
  • Parking Garage: Assigned, Community Garage, Door Opener
  • Total Parking: 16
  • Covered Parking: 16
  • Parking Features: Assigned, Community Structure, Garage Door Opener
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Ceramic Tile, Laminate
  • Equipment: Built-Ins, Elevator, Dryer, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Interior Features: Elevator, Drywall Walls, Sump Pump, Recessed Lighting, Turnkey
  • Kitchen Features: Quartz Counters
  • Room Bathroom Features: Tile Counters, Low Flow Toilet(s)
  • Bathroom Features: Shower Over Tub, Tile, Low Flow Toilet(s)
  • Bedroom Features: Master Bedroom
  • Common Walls: Attached
  • Cooking Appliances: Microwave, Free Standing Gas
  • Laundry: In Unit, In Closet
  • Laundry Equipment: Own
  • TV Services: Cable TV
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis Court: None
  • Roof: Flat
  • Sprinklers: Front
  • Door Features: Sliding Doors
  • Patio Features: Balcony
  • Entry Location: Foyer
  • Windows: Double Pane Windows, Screens
  • New Construction: Yes
  • Construction Materials: Metal Siding, Stucco
  • Exterior Construction: Metal Siding, Stucco
  • Other Structural Features: Balcony, Sliding Glass Doors, Custom Built
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-19-2024
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Electricity, Gas, Move In Fee, Water
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,600.00
  • Unit Actual Rent: $14,400.00
  • Unit Projected Rent: $14,400.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,600.00
  • Unit Actual Rent: $10,800.00
  • Unit Projected Rent: $10,800.00
  • Like Units: 3
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,097.00
  • Unit Actual Rent: $1,097.00
  • Unit Projected Rent: $1,097.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,216.00
  • Unit Actual Rent: $1,216.00
  • Unit Projected Rent: $1,216.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,000.00
  • Unit Actual Rent: $6,000.00
  • Unit Projected Rent: $6,000.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
  • Number of Dishwasher: 12
  • Number of Disposal: 12
  • Number of Electric Meters: 12
  • Number of Gas Meters: 12
  • Number Range: 12
  • Number Refrigerator: 12
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $378,424.00
  • Assessed Improvement Percent: 30.0
  • Assessed Land Value: $882,989.00
  • Assessed Land Percent: 70
  • Assessed Total Value: $1,261,413.00
  • Private Transfer Taxes: No

Property History for 5506 Thornburn Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5506 Thornburn Street

Taxable ValueLand$1,338,621Additions$3,544,041Total$4,882,662
Tax Record2024$60,113 ($5,009 / month)
Home Facts
Total Finished SqFt16,199 SqFtAbove Grade Finished SqFt16,199 SqFtLot Size9,832 SqFtStyleMulti-Family Res (5+ Units)Year Built2022ZoningLAR3CountyLOS ANGELESAPN4103-022-009

Schools near 5506 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 - K to 5
Rating
School
Distance
Westport Heights Elementary School
PublicK to 5

Wesm Health/Sports Medicine
Public9 to 12

Open Charter Magnet School
CharterK to 5

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.

Similar Homes

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5506 Thornburn Street is a multi-family home for sale in Los Angeles, CA 90045. This property was listed for sale on September 17, 2024 by Avarnka Real Estate, Inc., it's currently listed at $6,499,000. It has been on the market for a total of 68 days and was last sold on April 5, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Westport Heights Elementary School, Orville Wright Engineering And Design Magnet and Wesm Health/Sports Medicine. 5506 Thornburn Street is a 31-bed, 24-bath, 13,665 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Avarnka Real Estate, Inc., Suminda Sellahewa, DRE #01155576

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.