5400 Thornburn Street Los Angeles, CA 90045

Cluster Residence

4 Beds

3 Baths

2,087 Sq. Ft.

0.3 Acre Lot

Property Activity

Time on Site

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Last updated on 11/15/2024 11:45 PM

Listing Details

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 Thornb...urn 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. Continue reading

MLS#

23330081

Property Type

Cluster

Status

Active Under Contract

Bedrooms

Bathrooms

Year Built

1950

Square Feet

2,087 sq. ft